Indian Village, IN Economy


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Indian Village, IN is a small town located in the Midwest. It is known for its affordable housing options and low cost of living thanks to prices like the $1,240 for 2 bedroom rent. Additionally, The Grocery Cost Index in Indian Village is 92 compared to the national average of 100. Some of the local businesses that can be found in Indian Village are Jones Gas Station, McDonalds Bakery, and Smith Hardware Store. All in all Indian Village is a small yet thriving community with plenty of resources for its residents and visitors alike.

Indian Village has an unemployment rate of 5.3%. The US average is 6.0%.

Indian Village 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 Indian Village
- The Sales Tax Rate for Indian Village is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Indian Village 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 Indian Village
- The average income of a Indian Village resident is $38,403 a year. The US average is $28,555 a year.
- The Median household income of a Indian Village resident is $70,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIndian Village, IndianaUnited States
  5.36
  -8.3%-6.2%
  36.7%33.5%
  7.0%6.2%
  5.0%4.6%
  $26,335$37,638
  $70,250$69,021
  $66,923$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.7%6.8%
  6.7%10.0%
  3.3%2.5%
  10.0%11.0%
  1.7%4.8%
  0.0%0.8%
  0.0%1.9%
  1.7%4.7%
  0.0%1.9%
  8.3%7.6%
  0.0%0.1%
  0.0%4.2%
  26.7%9.3%
  13.3%14.0%
  0.0%2.1%
  5.0%7.0%
  21.7%4.8%
  0.0%4.7%
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