46218 Indianapolis, IN is one of the most popular areas in Indiana. Located in Marion County, it has a growing population of over 8,500 residents. The local cost of living is competitive with 2 Bedroom Rent costing $920 on average and Grocery Cost Index at 90 versus 100 in the US. With its close proximity to downtown Indianapolis, 46218 offers easy access to all the amenities a city can provide. Local companies include Eli Lilly and Co., Salesforce, Anthem Inc., and Cummins Inc. There are also many great restaurants to explore such as Milktooth and Bluebeard as well as plenty of shopping options like Circle Centre Mall and Mass Ave.
Indianapolis (zip 46218) has an unemployment rate of 5.6%. The US average is 6.0%.
Indianapolis (zip 46218) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Indianapolis (zip 46218)
- The Sales Tax Rate for Indianapolis (zip 46218) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Indianapolis (zip 46218) is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Indianapolis (zip 46218)
- The average income of a Indianapolis (zip 46218) resident is $14,246 a year. The US average is $28,555 a year.
- The Median household income of a Indianapolis (zip 46218) resident is $28,758 a year. The US average is $69,021 a year.