Zip 46761 (Lagrange, IN) Economy


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United States / Indiana / No Metro Area / LaGrange County / No City / Lagrange (zip 46761)
46761 Lagrange, IN is a great place to call home. With an average of two bedroom rent at $830, compared to the US average of $1,430, it is quite affordable for people who want to live in the area. The grocery cost index in 46761 Lagrange is 93 versus 100 in the US which makes groceries more affordable too. There are many local companies that call 46761 Lagrange their home such as FELPRO INC., ZOLLER INDUSTRIAL SERVICES LLC, SGS INDUSTRIAL MAINTENANCE LLC and DILTS CONSTRUCTION INC. These businesses offer a variety of services such as custom industrial solutions, industrial maintenance and construction services. All these businesses benefit from the lower cost of living and wage differences between 46761 Lagrange and other parts of the country.

Lagrange (zip 46761) has an unemployment rate of 3.0%. The US average is 6.0%.

Lagrange (zip 46761) has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 47.4%, which is higher than the US average of 33.5%.

Tax Rates for Lagrange (zip 46761)
- The Sales Tax Rate for Lagrange (zip 46761) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lagrange (zip 46761) is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Lagrange (zip 46761)
- The average income of a Lagrange (zip 46761) resident is $19,314 a year. The US average is $28,555 a year.
- The Median household income of a Lagrange (zip 46761) resident is $61,781 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLagrange, IndianaUnited States
  36
  -7.9%-6.2%
  47.4%33.5%
  7.0%6.2%
  4.9%4.6%
  $24,740$37,638
  $61,781$69,021
  $72,962$85,028
  Population by Occupation
  5.3%1.2%
  0.0%0.5%
  8.5%6.8%
  36.6%10.0%
  2.5%2.5%
  8.1%11.0%
  4.5%4.8%
  1.6%0.8%
  0.5%1.9%
  1.4%4.7%
  0.6%1.9%
  0.9%7.6%
  0.0%0.1%
  3.0%4.2%
  5.8%9.3%
  4.6%14.0%
  0.9%2.1%
  6.3%7.0%
  6.5%4.8%
  2.4%4.7%
Health