Zip 46205 (Indianapolis, IN) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
46205 Indianapolis, IN is a great place for those looking to rent. The 2 Bedroom Rent is $1,050 which is significantly lower than the US Average of $1,430. Additionally, grocery cost index in 46205 is 94 when compared to the US average of 100. This means that groceries are less expensive in this neighborhood than the rest of the country.
This area has lots to offer as well! There are plenty of local businesses such as Scecina Memorial High School, HCA Physician Services Inc., Container Services Corp., and more. 46205 also has a population of 623 people and a median household income of $40,609 according to the US Census Bureau data in 2018. It's a great place for those who are looking for an affordable yet lively neighborhood.

Indianapolis (zip 46205) has an unemployment rate of 5.6%. The US average is 6.0%.

Indianapolis (zip 46205) 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 46205)
- The Sales Tax Rate for Indianapolis (zip 46205) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Indianapolis (zip 46205) 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 46205)
- The average income of a Indianapolis (zip 46205) resident is $25,209 a year. The US average is $28,555 a year.
- The Median household income of a Indianapolis (zip 46205) resident is $56,563 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIndianapolis, IndianaUnited States
  5.66
  -4.7%-6.2%
  37.5%33.5%
  7.0%6.2%
  5.3%4.6%
  $38,327$37,638
  $56,563$69,021
  $77,101$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.7%6.8%
  6.0%10.0%
  2.0%2.5%
  8.9%11.0%
  5.2%4.8%
  0.3%0.8%
  2.5%1.9%
  4.0%4.7%
  1.8%1.9%
  11.2%7.6%
  0.1%0.1%
  2.6%4.2%
  13.7%9.3%
  15.1%14.0%
  2.8%2.1%
  8.5%7.0%
  4.2%4.8%
  5.3%4.7%
Health