Fort Wayne, Indiana, is the second-largest city in the state with a population of around 270,000 people. It is known as a great place to live and work due to its affordability. According to rental statistics, the average two-bedroom rent in Fort Wayne is $1,140 per month which is lower than the national average of $1,430. Additionally, food costs are also very affordable with a Grocery Cost Index of 95 compared to the US average of 100.
Fort Wayne provides an array of job opportunities across various industries and is home to many local companies including Steel Dynamics Inc., Lincoln Financial Group Inc., Franklin Electric Co., Parkview Health Systems and Sweetwater Sound Inc. Steel Dynamics Inc. is one of America's leading steel producers while Lincoln Financial Group specializes in insurance and financial services for individuals and businesses. Franklin Electric Co offers a wide range of products ranging from pumps to water systems while Parkview Health Systems is one of the largest not-for-profit health care systems in northeastern Indiana. Lastly, Sweetwater Sound Inc. Is one of the world’s leading music instrument retailers with locations all over the United States and Europe.
Fort Wayne (zip 46804) has an unemployment rate of 5.1%. The US average is 6.0%.
Fort Wayne (zip 46804) 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 46804)
- The Sales Tax Rate for Fort Wayne (zip 46804) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Wayne (zip 46804) 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 46804)
- The average income of a Fort Wayne (zip 46804) resident is $34,611 a year. The US average is $28,555 a year.
- The Median household income of a Fort Wayne (zip 46804) resident is $81,089 a year. The US average is $69,021 a year.