Zip 46803 (Fort Wayne, IN) Economy


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Fort Wayne, IN (zip code 46803) is an affordable place to live. The two bedroom rent in the area is only $810 which is significantly lower than the US average of $1430. Groceries are also considerably cheaper given that the grocery cost index in Fort Wayne is 87 versus 100 in the US. It's no wonder that many businesses have chosen this area to set up shop. Some of the most popular local companies are Steel Dynamics Inc, Parkview Health System, Fort Wayne Community Schools, and Sweetwater Sound Inc. Steel Dynamics Inc is a steel producer with one of the most modern complexes in the country that also produces aluminum products for architectural building components and automotive parts. Parkview Health System offers high quality healthcare services including specialty care and primary care at over 20 locations throughout Northeast Indiana and Northwest Ohio. Fort Wayne Community Schools is on a mission to provide an excellent educational experience for all pre-K through 12th grade students in Allen County. Lastly, Sweetwater Sound Inc provides music related products such as recording equipment, lighting systems, and DJ equipment both online and at their retail store located on Sweetwater Boulevard.

Fort Wayne (zip 46803) has an unemployment rate of 5.1%. The US average is 6.0%.

Fort Wayne (zip 46803) has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 38.6%, which is higher than the US average of 33.5%.

Tax Rates for Fort Wayne (zip 46803)
- The Sales Tax Rate for Fort Wayne (zip 46803) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Wayne (zip 46803) is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Fort Wayne (zip 46803)
- The average income of a Fort Wayne (zip 46803) resident is $10,886 a year. The US average is $28,555 a year.
- The Median household income of a Fort Wayne (zip 46803) resident is $25,507 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFort Wayne, IndianaUnited States
  5.16
  -5.8%-6.2%
  38.6%33.5%
  7.0%6.2%
  4.7%4.6%
  $15,390$37,638
  $25,507$69,021
  $29,233$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.2%6.8%
  24.6%10.0%
  2.2%2.5%
  11.2%11.0%
  6.6%4.8%
  0.9%0.8%
  0.8%1.9%
  1.8%4.7%
  1.4%1.9%
  1.0%7.6%
  0.0%0.1%
  4.6%4.2%
  6.1%9.3%
  11.9%14.0%
  1.8%2.1%
  10.0%7.0%
  4.3%4.8%
  1.5%4.7%
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