Zip 46732 (Cromwell, IN) Economy


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United States / Indiana / Kendallville Metro Area / Noble County / No City / Cromwell (zip 46732)
Cromwell, Indiana is a great place to live, offering an affordable cost of living that puts other parts of the country to shame. The 2 bedroom rent in Cromwell is $860 per month compared to the US average of $1,430 per month. This means you can enjoy a comfortable life without breaking your budget. Grocery costs also index much lower in Cromwell, with an index of 92 versus 100 in the US overall.
The town of Cromwell offers plenty for residents to do as well. There are several local businesses that cater to different interests such as outdoor recreation spots like C&F’s Canoe and Kayak Rentals, which gives those who appreciate nature a way to explore the nearby lakes and rivers. Other businesses include indoor fun centers like Bouncing Kidz & More and convenient places such as Cracker Barrel Old Country Store & Restaurant for all your needs.
If you are looking for an affordable place to live with plenty of amenities at your disposal then Cromwell is definitely worth considering. With low rent costs, a pleasant grocery cost index and multiple local businesses to enjoy it won't take long before you feel right at home!

Cromwell (zip 46732) has an unemployment rate of 4.2%. The US average is 6.0%.

Cromwell (zip 46732) has seen the job market decrease by -9.6% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.

Tax Rates for Cromwell (zip 46732)
- The Sales Tax Rate for Cromwell (zip 46732) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cromwell (zip 46732) is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Cromwell (zip 46732)
- The average income of a Cromwell (zip 46732) resident is $29,711 a year. The US average is $37,638 a year.
- The Median household income of a Cromwell (zip 46732) resident is $60,196 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCromwell, IndianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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