Southport, IN Economy


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Southport, Indiana is a vibrant small city located in the state's Marion County. Its population is approximately 3,000 and it is known for its friendly atmosphere and strong sense of community spirit. The median 2 bedroom rent costs around $1,010 per month which is slightly lower than the US median rental rate of $1,430. In addition, the Grocery Cost Index in Southport is 94 compared with the national average of 100 making groceries more affordable here than elsewhere in the US. \n \nLocal businesses in Southport include a variety of restaurants like Acapulco Joe’s Mexican Grill and Bar and Burgerhaus as well as retail stores such as Unique Boutique and Greeting Plus. Popular attractions in Southport include the Southport Antique Mall which offers an array of vintage items from furniture to jewelry and the Garfield Park Conservatory & Sunken Garden where visitors can explore beautiful gardens featuring hundreds of species of plants.

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

Southport 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 Southport
- The Sales Tax Rate for Southport is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Southport 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 Southport
- The average income of a Southport resident is $24,304 a year. The US average is $28,555 a year.
- The Median household income of a Southport resident is $58,333 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouthport, IndianaUnited States
  5.66
  -4.7%-6.2%
  37.5%33.5%
  7.0%6.2%
  5.3%4.6%
  $32,105$37,638
  $58,333$69,021
  $75,139$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.1%6.8%
  11.1%10.0%
  3.3%2.5%
  20.9%11.0%
  9.3%4.8%
  0.3%0.8%
  0.3%1.9%
  4.5%4.7%
  1.0%1.9%
  5.3%7.6%
  0.9%0.1%
  2.6%4.2%
  7.1%9.3%
  8.3%14.0%
  0.0%2.1%
  6.4%7.0%
  5.1%4.8%
  5.5%4.7%
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