Zip 46941 (Lagro, IN) Economy


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United States / Indiana / Wabash Metro Area / Wabash County / No City / Lagro (zip 46941)
46941 Lagro, IN is a small rural community located in Wabash County. It is home to a variety of local businesses such as the Lagro Family Market, the Old Firehouse Bar & Grill, and Gas-N-Go convenience store. The cost of living in 46941 Lagro is quite affordable compared to other parts of the country; 2 bedroom rent averages $830, grocery costs index 92 versus 100 in the US. In addition to being relatively inexpensive, 46941 Lagro offers its residents a peaceful and friendly atmosphere that many find appealing. With its welcoming attitude and numerous local businesses, 46941 Lagro is an excellent place to call home!

Lagro (zip 46941) has an unemployment rate of 3.8%. The US average is 6.0%.

Lagro (zip 46941) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Lagro (zip 46941)
- The Sales Tax Rate for Lagro (zip 46941) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lagro (zip 46941) is 6.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Lagro (zip 46941)
- The average income of a Lagro (zip 46941) resident is $20,849 a year. The US average is $28,555 a year.
- The Median household income of a Lagro (zip 46941) resident is $72,292 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLagro, IndianaUnited States
  3.86
  -6.6%-6.2%
  22.3%33.5%
  7.0%6.2%
  6.1%4.6%
  $29,892$37,638
  $72,292$69,021
  $80,625$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.6%6.8%
  28.5%10.0%
  1.6%2.5%
  10.7%11.0%
  3.5%4.8%
  0.5%0.8%
  0.0%1.9%
  0.0%4.7%
  0.8%1.9%
  0.5%7.6%
  0.0%0.1%
  9.3%4.2%
  1.6%9.3%
  22.4%14.0%
  0.5%2.1%
  2.7%7.0%
  3.2%4.8%
  4.5%4.7%
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