Hammond, IN with the zip code of 46324 is a great place to live. Not only is the 2 bedroom rent at $1,060 which is much lower than the US average of $1,430, but the grocery cost index is also much lower at 93 compared to 100 in the US. There are many local companies around the area such as M&M Motors Inc., Kmart, and Brauer Supply Company, all of which provide quality services to local residents. For those looking for a job or needing some extra income, these businesses offer great opportunities.
Hammond (zip 46324) has an unemployment rate of 8.5%. The US average is 6.0%.
Hammond (zip 46324) 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 27.8%, which is lower than the US average of 33.5%.
Tax Rates for Hammond (zip 46324)
- The Sales Tax Rate for Hammond (zip 46324) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hammond (zip 46324) 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 46324)
- The average income of a Hammond (zip 46324) resident is $24,823 a year. The US average is $37,638 a year.
- The Median household income of a Hammond (zip 46324) resident is $51,730 a year. The US average is $69,021 a year.