Zip 46340 (Hanna, IN) Economy


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46340 Hanna, IN is a small town located in LaPorte County. It is home to many businesses, including Welspun Tubular LLC, one of the world’s leading manufacturers of welded steel tubing. Other local companies include Great Lakes Cheese Company, which produces award winning cheeses, and Demas Construction Company, a general contractor and services provider. Additionally, the area is home to agricultural businesses such as Nel's Farms and The Long Family Farm. The median 2 bedroom rent in Hanna is $1,080 which is lower than the US average of $1,430. Grocery prices are also lower in Hanna with an index score of 94 compared to the US average of 100. This makes Hanna an attractive place for families looking for affordable housing along with convenient access to local employment opportunities.

Hanna (zip 46340) has an unemployment rate of 6.7%. The US average is 6.0%.

Hanna (zip 46340) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.

Tax Rates for Hanna (zip 46340)
- The Sales Tax Rate for Hanna (zip 46340) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hanna (zip 46340) 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 Hanna (zip 46340)
- The average income of a Hanna (zip 46340) resident is $29,769 a year. The US average is $28,555 a year.
- The Median household income of a Hanna (zip 46340) resident is $51,429 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHanna, IndianaUnited States
  6.76
  -5.6%-6.2%
  23.3%33.5%
  7.0%6.2%
  4.2%4.6%
  $27,846$37,638
  $51,429$69,021
  $73,500$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  13.2%6.8%
  38.0%10.0%
  0.0%2.5%
  1.1%11.0%
  1.5%4.8%
  1.3%0.8%
  0.0%1.9%
  0.0%4.7%
  1.5%1.9%
  1.5%7.6%
  0.0%0.1%
  6.8%4.2%
  2.6%9.3%
  17.7%14.0%
  3.4%2.1%
  6.8%7.0%
  4.7%4.8%
  0.0%4.7%
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