Zip 46805 (Fort Wayne, IN) Economy


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Fort Wayne, IN is a great place to live. It is located in Allen County with a population of 256,496 people. The two bedroom rent in Fort Wayne is $880 which is more affordable than the US average of $1,430. Grocery costs in Fort Wayne are also lower than the US average with an index of 90 versus 100 for the rest of the country.
Fort Wayne has several great attractions such as Science Central, Foellinger-Freimann Botanical Conservatory, and Allen County Courthouse. There are also many great local businesses such as Sweetwater Sound, Steel Dynamics Inc., Do it Best Corp., Vera Bradley, and Lincoln Financial Group located here in town. With its lower rent and grocery costs compared to other parts of the US, Fort Wayne can be an ideal city for those looking for an affordable place to live.

Fort Wayne (zip 46805) has an unemployment rate of 5.1%. The US average is 6.0%.

Fort Wayne (zip 46805) 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 38.6%, which is higher than the US average of 33.5%.

Tax Rates for Fort Wayne (zip 46805)
- The Sales Tax Rate for Fort Wayne (zip 46805) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Wayne (zip 46805) 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 (zip 46805)
- The average income of a Fort Wayne (zip 46805) resident is $20,073 a year. The US average is $28,555 a year.
- The Median household income of a Fort Wayne (zip 46805) resident is $46,540 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFort Wayne, IndianaUnited States
  5.16
  -5.8%-6.2%
  38.6%33.5%
  7.0%6.2%
  4.7%4.6%
  $29,883$37,638
  $46,540$69,021
  $64,213$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  5.5%6.8%
  15.8%10.0%
  3.4%2.5%
  9.7%11.0%
  4.3%4.8%
  0.4%0.8%
  2.0%1.9%
  4.0%4.7%
  1.3%1.9%
  4.5%7.6%
  0.0%0.1%
  5.4%4.2%
  8.1%9.3%
  18.3%14.0%
  1.7%2.1%
  9.8%7.0%
  4.7%4.8%
  0.8%4.7%
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