46312 East Chicago, IN is an affordable and friendly place to live. Residents have access to the public amenities of Chicago, while still enjoying the small town atmosphere of East Chicago. The average two bedroom rent in this area is only $820 compared to the US average of $1,430. Additionally, grocery cost index for this area is 91 versus 100 in the US, meaning that residents save money on everyday items as well. \nThe city offers many local businesses such as GFS Marketplace, which provides food and groceries at reduced prices and Target for larger shopping needs. There are also several attractions nearby including Wolf Lake Park, a popular destination with fishing piers and boat launches. Indiana Dunes National Park is another favorite spot located just minutes away from East Chicago, where visitors can explore 15 miles of stunning sandy beaches along Lake Michigan's southern shoreline.
East Chicago (zip 46312) has an unemployment rate of 12.5%. The US average is 6.0%.
East Chicago (zip 46312) has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.
Tax Rates for East Chicago (zip 46312)
- The Sales Tax Rate for East Chicago (zip 46312) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for East Chicago (zip 46312) is 3.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for East Chicago (zip 46312)
- The average income of a East Chicago (zip 46312) resident is $20,549 a year. The US average is $37,638 a year.
- The Median household income of a East Chicago (zip 46312) resident is $37,807 a year. The US average is $69,021 a year.