Zip 46123 (Avon, IN) Economy


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Avon, Indiana is located in Hendricks County and has a population of around 15,000 people. The 2 Bedroom Rent in Avon is $1,340 meaning it has one of the lowest rent prices in the US at $1,430. It also has a relatively low Grocery Cost Index at 97 compared to the US at 100. This makes Avon an ideal place for families looking to save money and still enjoy small town living. \nAvon is home to several local businesses including Mrs. Curl Ice Cream Parlor which opened in 1945, More Than Just Pizza, Wahlburgers which specializes in burgers and sandwiches, Avon Nail Salon & Spa that offers a variety of beauty services as well as the area's most popular park, 46123 Avon Park. There are also several stores such as Walmart Supercenter and Kroger offering daily necessities with competitive prices to make everyday life easier for locals.

Avon (zip 46123) has an unemployment rate of 3.5%. The US average is 6.0%.

Avon (zip 46123) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 41.0%, which is higher than the US average of 33.5%.

Tax Rates for Avon (zip 46123)
- The Sales Tax Rate for Avon (zip 46123) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Avon (zip 46123) is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Avon (zip 46123)
- The average income of a Avon (zip 46123) resident is $32,956 a year. The US average is $28,555 a year.
- The Median household income of a Avon (zip 46123) resident is $90,628 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAvon, IndianaUnited States
  3.56
  -4.7%-6.2%
  41.0%33.5%
  7.0%6.2%
  4.7%4.6%
  $43,443$37,638
  $90,628$69,021
  $102,419$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  4.1%6.8%
  13.3%10.0%
  3.8%2.5%
  10.6%11.0%
  6.6%4.8%
  0.5%0.8%
  1.4%1.9%
  5.2%4.7%
  2.3%1.9%
  8.2%7.6%
  0.0%0.1%
  4.4%4.2%
  11.4%9.3%
  12.3%14.0%
  2.4%2.1%
  4.7%7.0%
  4.3%4.8%
  4.3%4.7%
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