Portage, IN is a small city located in Porter County. It is known for its small-town charm and friendly atmosphere. The cost of living in the city is quite low, with an average two bedroom rent of $1,060 compared to the US rate of $1,430. Additionally, the grocery cost index in Portage is 96, which is four points lower than the national average. The city has many local businesses such as Lakeshore Packing Company, Woodland Bowl, and Portage Lanes Bowling Alley that are popular among residents. There are also plenty of outdoor activities to enjoy in the area such as biking trails at Porter-Woodland Park and fishing at Lake Michigan.
Portage has an unemployment rate of 5.9%. The US average is 6.0%.
Portage has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.
Tax Rates for Portage
- The Sales Tax Rate for Portage is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Portage is 3.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Portage
- The average income of a Portage resident is $23,812 a year. The US average is $28,555 a year.
- The Median household income of a Portage resident is $63,550 a year. The US average is $69,021 a year.