46202 Indianapolis, IN is a great place to live. The 2 bedroom rent in this area is surprisingly low at $1,370 compared to the US average of $1,430. Grocery costs are similarly lower than the US average with an index of 98 versus 100 in the US. Indianapolis provides an affordable cost of living without sacrificing quality of life. There are many local companies that make up the economy including Eli Lilly and Company, Anthem Inc., and Simon Property Group Inc. All three of these companies are Fortune 500 and offer great job opportunities for those looking for work in 46202 Indianapolis, IN. With a low cost of living and many corporate job opportunities, it's easy to see why 46202 Indianapolis is such a popular place to live.
Indianapolis (zip 46202) has an unemployment rate of 5.6%. The US average is 6.0%.
Indianapolis (zip 46202) 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 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Indianapolis (zip 46202)
- The Sales Tax Rate for Indianapolis (zip 46202) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Indianapolis (zip 46202) is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Indianapolis (zip 46202)
- The average income of a Indianapolis (zip 46202) resident is $29,416 a year. The US average is $28,555 a year.
- The Median household income of a Indianapolis (zip 46202) resident is $54,972 a year. The US average is $69,021 a year.