Zip 46319 (Griffith, IN) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Griffith, IN is a beautiful town with a population of about 16,924. The average 2 bedroom apartment rental in Griffith is $1,020 per month which is considerably lower than the US average of $1,430. Additionally, the Grocery Cost Index in Griffith is 95 versus 100 in the US. These lower costs make it a great place to live for anyone on a budget.
In terms of local businesses, there are many ways to find work or shop around town. Notable companies include Schafer Gear Company, M&K Truck Centers LLC., and Jel Sert Corporation just to name a few. There are also plenty of retail stores and restaurants like Walmart, Five Guys Burgers & Fries, and 3 Margaritas Mexican Restaurant that provide great convenience for locals. All together this provides an excellent opportunity to those looking to call Griffith home at an affordable rate.

Griffith (zip 46319) has an unemployment rate of 7.6%. The US average is 6.0%.

Griffith (zip 46319) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.

Tax Rates for Griffith (zip 46319)
- The Sales Tax Rate for Griffith (zip 46319) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Griffith (zip 46319) is 3.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Griffith (zip 46319)
- The average income of a Griffith (zip 46319) resident is $24,778 a year. The US average is $28,555 a year.
- The Median household income of a Griffith (zip 46319) resident is $64,188 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGriffith, IndianaUnited States
  7.66
  -7.1%-6.2%
  28.5%33.5%
  7.0%6.2%
  4.7%4.6%
  $33,912$37,638
  $64,188$69,021
  $81,603$85,028
  Population by Occupation
  0.0%1.2%
  0.4%0.5%
  8.6%6.8%
  14.8%10.0%
  2.3%2.5%
  12.6%11.0%
  7.7%4.8%
  0.9%0.8%
  1.2%1.9%
  3.1%4.7%
  0.9%1.9%
  3.9%7.6%
  0.0%0.1%
  3.4%4.2%
  11.1%9.3%
  12.8%14.0%
  3.6%2.1%
  5.6%7.0%
  5.2%4.8%
  1.9%4.7%
Health