Fort Wayne in Indiana is a great place to live with its low cost of living. The two bedroom rent for an apartment in Fort Wayne is $910 compared to the US average of $1,430, making it an affordable place to rent. There are also plenty of local companies such as Shindigz Party Supplies, Sweetwater Sound, and Steel Dynamics Inc. which offer appealing job opportunities. Additionally, the grocery cost index in Fort Wayne is 93 compared to 100 in the US meaning that grocery costs are even lower than usual here. All of this makes Fort Wayne an ideal place to both live and work with its affordable living costs.
Fort Wayne Metro Area has an unemployment rate of 4.5%. The US average is 6.0%.
Fort Wayne Metro Area has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 36.4%, which is higher than the US average of 33.5%.
Tax Rates for Fort Wayne Metro Area
- The Sales Tax Rate for Fort Wayne Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Wayne Metro Area is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fort Wayne Metro Area
- The average income of a Fort Wayne Metro Area resident is $25,446 a year. The US average is $28,555 a year.
- The Median household income of a Fort Wayne Metro Area resident is $62,031 a year. The US average is $69,021 a year.