Muncie, IN is a small city located in Delaware County. It has a population of 47304 and is known for its vibrant culture, lively entertainment scene, and abundance of educational opportunities. The average two bedroom rent in Muncie is $900 which is much lower than the national average of $1,430. Additionally, grocery prices are also very affordable in Muncie as evidenced by the Grocery Cost Index which is 93 compared to 100 nationwide. Many local businesses have taken root in Muncie such as ReStore Home & Garden Center, Nannies on the Run, and Simply Fresh Meals. There are also many outdoor activities available such as visiting Surprise Lake Park or walking through Tuhey Park. All in all, Muncie provides an ideal blend of affordability and fun for any resident looking to make it their home!
Muncie (zip 47304) has an unemployment rate of 5.5%. The US average is 6.0%.
Muncie (zip 47304) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Muncie (zip 47304)
- The Sales Tax Rate for Muncie (zip 47304) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Muncie (zip 47304) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Muncie (zip 47304)
- The average income of a Muncie (zip 47304) resident is $26,453 a year. The US average is $28,555 a year.
- The Median household income of a Muncie (zip 47304) resident is $60,037 a year. The US average is $69,021 a year.