Zip 46806 (Fort Wayne, IN) Economy


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Fort Wayne, Indiana is a great place to call home for its low cost of living and friendly community. The average 2 bedroom rent in 46806 Fort Wayne, IN is $870, which is significantly lower than the nationwide average of $1,430. This makes it an ideal place for young professionals or families that are looking to save money on housing. Grocery costs are also substantially lower in Fort Wayne than the national average, with a grocery cost index of 88 compared to 100 throughout the US.
Fort Wayne is home to many large companies such as Steel Dynamics, Dana Corporation, and Ash Brokerage. It also houses many smaller local companies like Three Rivers Distilling Co., Lucky's Market, Sweetwater Sound, and Purdue University Fort Wayne Regional campus. With so much to offer at such an affordable price, it’s no wonder why more and more people are calling 46806 Fort Wayne their home.

Fort Wayne (zip 46806) has an unemployment rate of 5.1%. The US average is 6.0%.

Fort Wayne (zip 46806) 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 46806)
- The Sales Tax Rate for Fort Wayne (zip 46806) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Wayne (zip 46806) 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 46806)
- The average income of a Fort Wayne (zip 46806) resident is $12,566 a year. The US average is $28,555 a year.
- The Median household income of a Fort Wayne (zip 46806) resident is $34,902 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%
  $17,293$37,638
  $34,902$69,021
  $42,722$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  8.8%6.8%
  26.1%10.0%
  2.0%2.5%
  14.7%11.0%
  4.3%4.8%
  0.8%0.8%
  1.5%1.9%
  1.4%4.7%
  0.9%1.9%
  1.6%7.6%
  0.0%0.1%
  3.4%4.2%
  4.7%9.3%
  13.1%14.0%
  0.3%2.1%
  10.0%7.0%
  4.5%4.8%
  1.6%4.7%
Reviews for Fort Wayne
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Over 5 years ago

Housing is inexpensive close to downtown, winter here is very cold, people in this zip code are standoffish, low budget feel and have bad attitudes, but if you don’t  More

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