Zip 46322 (Highland, IN) Economy


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Highland, IN (46322) is a vibrant suburb of Michigan City located in Northwest Indiana. Its close proximity to Chicago, Michigan and Wisconsin make it an ideal location for those who want easy access to all three states. Renting a two bedroom property in the area averages around $1,180, which is considerably lower than the US average of $1,430. In addition to its affordable living costs, Highland also boasts plenty of local attractions and amenities such as its charming downtown area with great restaurants and shops. The local economy contains many businesses such as HUB Group Inc., Franciscan Health Center and Lake Hills Golf Course. The grocery cost index in Highland is 96 compared to 100 in the US so groceries are also relatively inexpensive here. With its convenient location to major cities and budget friendly prices, Highland can be an ideal spot for anyone looking for a new place to call home.

Highland (zip 46322) has an unemployment rate of 7.6%. The US average is 6.0%.

Highland (zip 46322) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.

Tax Rates for Highland (zip 46322)
- The Sales Tax Rate for Highland (zip 46322) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Highland (zip 46322) is 3.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Highland (zip 46322)
- The average income of a Highland (zip 46322) resident is $29,620 a year. The US average is $28,555 a year.
- The Median household income of a Highland (zip 46322) resident is $71,174 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHighland, IndianaUnited States
  7.66
  -7.1%-6.2%
  28.5%33.5%
  7.0%6.2%
  4.7%4.6%
  $35,278$37,638
  $71,174$69,021
  $88,223$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  4.9%6.8%
  16.9%10.0%
  3.0%2.5%
  11.0%11.0%
  8.4%4.8%
  0.9%0.8%
  1.0%1.9%
  3.2%4.7%
  1.0%1.9%
  6.7%7.6%
  0.1%0.1%
  3.3%4.2%
  10.1%9.3%
  14.7%14.0%
  2.1%2.1%
  5.4%7.0%
  3.8%4.8%
  3.3%4.7%
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