Notre Dame, IN Economy


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Notre Dame, IN is a great place for families and young professionals alike. It is home to the world-renowned University of Notre Dame, as well as many local businesses such as The South Bend Chocolate Company, Hallak Cleaners South Bend and Trinity Spine Center. There are also numerous options for leisure activities, from outdoor recreation at St. Patrick's County Park to shopping at Tippecanoe Mall. In regard to cost of living, 2 bedroom rent is $1,050 compared to the US average of $1,430. Also groceries in Notre Dame have an index score of 88 versus 100 in the US. All these factors make it an ideal location to call home.

Notre Dame has an unemployment rate of 5.3%. The US average is 6.0%.

Notre Dame has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.

Tax Rates for Notre Dame
- The Sales Tax Rate for Notre Dame is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Notre Dame is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Notre Dame
- The average income of a Notre Dame resident is $4,181 a year. The US average is $28,555 a year.
- The Median household income of a Notre Dame resident is $24,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNotre Dame, IndianaUnited States
  5.36
  -8.3%-6.2%
  36.7%33.5%
  7.0%6.2%
  5.0%4.6%
  $5,820$37,638
  $24,000$69,021
Family Median Income 85028
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