Marion Metro Area, IN Economy


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United States / Indiana / Marion Metro Area / Counties / Cities / Zip Codes
The Marion, IN Metro Area is a great place to call home. It has an affordable cost of living, with 2 bedroom rent averaging only $830 compared to the US average of $1430. The Grocery Cost Index in the area is also lower than the national average, at 92 versus 100 in the US. In addition to cost of living, Marion has plenty of amenities for residents and visitors alike. There are several local companies and attractions available, from Farmer’s Market IGA for groceries and American Freight for furniture to AMC Classic Marion 12 for movies and White Water Canyon Waterpark for fun. Whether you’re looking for a new place to call home or just want a day out on the town, Marion is sure to have something you’ll enjoy!

Marion Metro Area has an unemployment rate of 4.4%. The US average is 6.0%.

Marion Metro Area has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.

Tax Rates for Marion Metro Area
- The Sales Tax Rate for Marion Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Marion Metro Area is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Marion Metro Area
- The average income of a Marion Metro Area resident is $20,442 a year. The US average is $28,555 a year.
- The Median household income of a Marion Metro Area resident is $50,009 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMarion, IndianaUnited States
  4.46
  -3.7%-6.2%
  23.9%33.5%
  7.0%6.2%
  5.5%4.6%
  $25,500$37,638
  $50,009$69,021
  $62,437$85,028
  Population by Occupation
  0.9%1.2%
  0.1%0.5%
  4.3%6.8%
  17.6%10.0%
  1.3%2.5%
  11.7%11.0%
  5.1%4.8%
  0.9%0.8%
  1.0%1.9%
  2.7%4.7%
  1.1%1.9%
  2.5%7.6%
  0.0%0.1%
  3.0%4.2%
  15.5%9.3%
  16.3%14.0%
  0.8%2.1%
  7.9%7.0%
  4.1%4.8%
  3.2%4.7%
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