46214 Indianapolis, IN is an area known for its affordability. The average 2 bedroom rent in this area is $1,170 compared to the US average of $1,430. This makes it an attractive option for those looking to live comfortably while saving money on housing costs. It is also a great place for groceries, with a grocery cost index of 94 versus 100 in the US. There are many local companies in this zip code such as Allison Transmission, Gannett Co., Hirschbach Motor Lines, Inc., and Indiana Department of Transportation. The 46214 Indianapolis area also offers a variety of attractions and activities such as White River State Park, the Indianapolis Museum of Art, and Victory Field which hosts the local minor league baseball team - The Indianapolis Indians. In addition to these attractions there are several parks, trails and nature areas that provide plenty of outdoor activities for residents to enjoy.
Indianapolis (zip 46214) has an unemployment rate of 5.6%. The US average is 6.0%.
Indianapolis (zip 46214) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Indianapolis (zip 46214)
- The Sales Tax Rate for Indianapolis (zip 46214) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Indianapolis (zip 46214) is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Indianapolis (zip 46214)
- The average income of a Indianapolis (zip 46214) resident is $29,648 a year. The US average is $37,638 a year.
- The Median household income of a Indianapolis (zip 46214) resident is $50,496 a year. The US average is $69,021 a year.