The city of Indianapolis, Indiana (46256) is a great place to live and work. The median price for a two bedroom apartment in the area is $1,020, compared to the national average of $1,430. The grocery cost index in this city is 98 compared to 100 nationally. This indicates that groceries are cheaper than average here. Indianapolis is home to some great companies such as Eli Lilly and Company, Anthem Blue Cross Blue Shield, Salesforce and Cummins Inc. Other prominent industries in the area include finance, healthcare and information technology. With a low cost of living and plenty of job opportunities it is easy to see why so many people have decided to make Indianapolis their new home.
Indianapolis (zip 46256) has an unemployment rate of 5.6%. The US average is 6.0%.
Indianapolis (zip 46256) 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 46256)
- The Sales Tax Rate for Indianapolis (zip 46256) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Indianapolis (zip 46256) 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 46256)
- The average income of a Indianapolis (zip 46256) resident is $42,656 a year. The US average is $28,555 a year.
- The Median household income of a Indianapolis (zip 46256) resident is $75,905 a year. The US average is $69,021 a year.