Beech Grove, IN is a great place for families looking for an affordable place to live. Located in Marion County, it has a population of 14,739 and offers 2 bedroom rental units at $940 which is much lower than the US average of $1,430. The cost of living index in Beech Grove is 93 which is 7 percent lower than the national average.
Beech Grove is home to many businesses including Bose McKinney & Evans LLP, Hendricks Power Cooperative and Dora's Delights Catering. There are also many grocery stores in the area such as Kroger, Walmart and Meijer offering food items at competitive prices.
With its affordable rental rates and low cost of living index, Beech Grove IN provides families with an attractive option when considering places to live. The presence of local businesses and grocery stores provide convenience that can be enjoyed by residents making Beech Grove a great place to call home.
Beech Grove (zip 46107) has an unemployment rate of 5.6%. The US average is 6.0%.
Beech Grove (zip 46107) has seen the job market decrease by -4.7% 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 Beech Grove (zip 46107)
- The Sales Tax Rate for Beech Grove (zip 46107) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Beech Grove (zip 46107) 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 Beech Grove (zip 46107)
- The average income of a Beech Grove (zip 46107) resident is $27,612 a year. The US average is $37,638 a year.
- The Median household income of a Beech Grove (zip 46107) resident is $55,473 a year. The US average is $69,021 a year.