Meridian Hills, IN Economy


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equestId":"44d24cfa-d98a-4e21-a94d-fde182585689","resource":"content","data":[{"id":"txt_b5fd8c0f3d5d49efac526b86d1454ab5","text":", and describe the cost of living\n \nMeridian Hills, IN is a charming suburb located just north of Indianapolis. The cost of living here is quite affordable, with the average 2 bedroom rent being $1,200 compared to the US average of $1,430. Additionally, the grocery cost index is 98 versus 100 in the US. There are a number of great local companies in Meridian Hills such as Pacers Bikeshare and Ace Hardware. Other nearby businesses include Big Lug Canteen and Traders Point Creamery. All in all, Meridian Hills offers an inviting atmosphere with an affordable cost of living for its citizens.

Meridian Hills has an unemployment rate of 5.6%. The US average is 6.0%.

Meridian Hills 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 Meridian Hills
- The Sales Tax Rate for Meridian Hills is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Meridian Hills 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 Meridian Hills
- The average income of a Meridian Hills resident is $74,512 a year. The US average is $28,555 a year.
- The Median household income of a Meridian Hills resident is $172,969 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMeridian Hills, IndianaUnited States
  5.66
  -4.7%-6.2%
  37.5%33.5%
  7.0%6.2%
  5.3%4.6%
  $105,156$37,638
  $172,969$69,021
  $196,042$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.5%6.8%
  8.1%10.0%
  3.6%2.5%
  1.1%11.0%
  0.5%4.8%
  0.9%0.8%
  1.9%1.9%
  8.5%4.7%
  8.7%1.9%
  23.0%7.6%
  0.0%0.1%
  4.2%4.2%
  6.3%9.3%
  13.9%14.0%
  3.9%2.1%
  0.8%7.0%
  6.5%4.8%
  2.6%4.7%
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