The cost of rent for a two bedroom in Indianapolis, IN (zip code 46228) is $1,170, which is significantly lower than the average price of two bedroom rent across the United States which stands at $1430. Another plus for Indianapolis is that their Grocery Cost Index is 95, lower than the US index of 100. This means groceries are more affordable in this area.
Indianapolis is an exciting city with lots to offer from popular local restaurants like Milktooth and Public Greens Urban Kitchen to diverse entertainment venues such as The Hi-Fi or The Jazz Kitchen. There are also plenty of opportunities for outdoor activities like walking along the Central Canal or kayaking in Eagle Creek Park. Indianapolis has something for everyone to enjoy!
Indianapolis (zip 46228) has an unemployment rate of 5.6%. The US average is 6.0%.
Indianapolis (zip 46228) 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 46228)
- The Sales Tax Rate for Indianapolis (zip 46228) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Indianapolis (zip 46228) 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 46228)
- The average income of a Indianapolis (zip 46228) resident is $29,754 a year. The US average is $28,555 a year.
- The Median household income of a Indianapolis (zip 46228) resident is $75,185 a year. The US average is $69,021 a year.