Zip 46304 (Chesterton, IN) Economy


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Chesterton, IN (46304) is a wonderful place to live. The average 2 bedroom rent is $1,130, which is cheaper than the national average of $1,430. This makes Chesterton an excellent choice for those looking for affordable housing options. Additionally, the Grocery Cost Index in Chesterton is 96 versus 100 in the US, meaning there are savings to be had on groceries as well.
Chesterton has something for everyone! Local companies such as Kabelin Ace Hardware and Life Bridge Church provide residents with great job opportunities. There are also plenty of recreational activities to enjoy, from theaters to parks and golf courses. Furthermore, the cost of living here is relatively low when compared to other towns in Indiana. This combination makes Chesterton an attractive place for people looking for a reasonably-priced lifestyle with lots to do.

Chesterton (zip 46304) has an unemployment rate of 5.3%. The US average is 6.0%.

Chesterton (zip 46304) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.

Tax Rates for Chesterton (zip 46304)
- The Sales Tax Rate for Chesterton (zip 46304) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Chesterton (zip 46304) is 3.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Chesterton (zip 46304)
- The average income of a Chesterton (zip 46304) resident is $32,734 a year. The US average is $28,555 a year.
- The Median household income of a Chesterton (zip 46304) resident is $84,567 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChesterton, IndianaUnited States
  5.36
  -7.1%-6.2%
  31.1%33.5%
  7.0%6.2%
  3.7%4.6%
  $43,695$37,638
  $84,567$69,021
  $98,257$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  9.4%6.8%
  17.1%10.0%
  1.5%2.5%
  8.7%11.0%
  4.7%4.8%
  0.9%0.8%
  1.7%1.9%
  7.5%4.7%
  1.5%1.9%
  6.7%7.6%
  0.2%0.1%
  2.0%4.2%
  8.4%9.3%
  12.6%14.0%
  3.5%2.1%
  5.9%7.0%
  4.5%4.8%
  2.3%4.7%
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