The city of Indianapolis, IN (zip code 46229) is a great option for those looking to rent a two-bedroom apartment or house. The average 2-bedroom rental cost in Indianapolis is $1,050 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Indianapolis is 93 versus 100 in the US. This means that groceries are relatively cheaper than other places around the country. There are several local companies providing two bedroom rental options in Indianapolis such as: Indy Homes Realty LLC, Red Door Property Management, E&G Real Estate Services, and Main Street Renewal LLC. All four companies have a variety of two bedroom rentals available in and around the city at competitive prices.
Indianapolis (zip 46229) has an unemployment rate of 5.6%. The US average is 6.0%.
Indianapolis (zip 46229) has seen the job market increase by 2.5% 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 46229)
- The Sales Tax Rate for Indianapolis (zip 46229) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Indianapolis (zip 46229) 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 46229)
- The average income of a Indianapolis (zip 46229) resident is $24,421 a year. The US average is $28,555 a year.
- The Median household income of a Indianapolis (zip 46229) resident is $60,435 a year. The US average is $69,021 a year.