Hammond, Indiana (46323) is a great place to live! Not only does it have beautiful nearby parks, libraries, shopping malls, and restaurants, but it also offers an affordable cost of living. The average two-bedroom rental rate in Hammond is just $1,070 which is $360 less than the US average of $1430. Additionally, the Grocery Cost Index in Hammond is 93 which is slightly lower than the US index of 100. Residents can benefit from local businesses such as Lubeznik Center for the Arts, Wolfpack Fitness Center and Recreation Complex, and Bob’s Gymnastics LLC. With all that it has to offer and with reasonable prices on rent and groceries, Hammond might be just the perfect place for you!
Hammond (zip 46323) has an unemployment rate of 8.5%. The US average is 6.0%.
Hammond (zip 46323) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.
Tax Rates for Hammond (zip 46323)
- The Sales Tax Rate for Hammond (zip 46323) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hammond (zip 46323) 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 Hammond (zip 46323)
- The average income of a Hammond (zip 46323) resident is $20,393 a year. The US average is $28,555 a year.
- The Median household income of a Hammond (zip 46323) resident is $53,007 a year. The US average is $69,021 a year.