46742 Hamilton, IN is a small city situated in the state of Indiana. With a population of around 2000 people, the city offers a peaceful and cozy environment to those living here. The two bedroom rent in this area comes to be around $930, which is significantly cheaper than the US average at $1,430. Grocery Cost Index for this area is also comparatively low at 94 against 100 for the US.
The city is also well-known for its stunning landscape and historic downtown areas that are filled with all sorts of local businesses ranging from eateries and boutiques to art galleries and museums. The city has plenty of recreational amenities as well including the Historic Pendleton Park, White River Trail, and Ritchey Woods Nature Preserve. Other popular places include Calvert's Store & Bakery, Big Dogs Café & Ice Cream Parlor, Hamilton Skateland, etc.
Hamilton (zip 46742) has an unemployment rate of 3.7%. The US average is 6.0%.
Hamilton (zip 46742) has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Hamilton (zip 46742)
- The Sales Tax Rate for Hamilton (zip 46742) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hamilton (zip 46742) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hamilton (zip 46742)
- The average income of a Hamilton (zip 46742) resident is $35,924 a year. The US average is $37,638 a year.
- The Median household income of a Hamilton (zip 46742) resident is $67,650 a year. The US average is $69,021 a year.