Greendale, IN Economy


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Greendale, IN is a small town located just outside of Indianapolis. The cost of living in Greendale is much lower than the US average, with two-bedroom rent costs coming in at $930 compared to $1,430 for the nation. The Grocery Cost Index for Greendale is also exactly on par with the US index of 100. Numerous local companies and businesses populate the area including Kennison & Company Tax Advisors, A&B Auto Repair, Greendale Community Theater, and Greendale Family Restaurant. For those looking to enjoy a small town atmosphere combined with low costs of living, Greendale may be the perfect choice.

Greendale has an unemployment rate of 4.5%. The US average is 6.0%.

Greendale has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.

Tax Rates for Greendale
- The Sales Tax Rate for Greendale is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Greendale is 3.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Greendale
- The average income of a Greendale resident is $29,528 a year. The US average is $28,555 a year.
- The Median household income of a Greendale resident is $66,536 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreendale, IndianaUnited States
  4.56
  -6.0%-6.2%
  33.7%33.5%
  7.0%6.2%
  3.8%4.6%
  $27,720$37,638
  $66,536$69,021
  $88,526$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.7%6.8%
  11.0%10.0%
  0.9%2.5%
  21.6%11.0%
  2.5%4.8%
  0.0%0.8%
  2.1%1.9%
  5.5%4.7%
  0.0%1.9%
  5.4%7.6%
  0.0%0.1%
  0.4%4.2%
  9.5%9.3%
  19.1%14.0%
  1.4%2.1%
  5.7%7.0%
  0.5%4.8%
  6.9%4.7%
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