Zip 46254 (Indianapolis, IN) Economy


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The city of Indianapolis, IN (46254) is a great place to live. The 2-bedroom rent in the area is $1,010, significantly lower than the US average of $1,430. Plus, grocery cost index in this area is 93 vs 100 in the US giving more value to your money.
There are many opportunities for software engineers to work in this area. Notable companies like Salesforce, Angie's List and ExactTarget all have offices here and offer competitive salaries for entry-level positions. In addition, major employers such as Eli Lilly and Roche Diagnostics offer a range of positions that could be suitable for software engineers with a starting salary ranging from $50k-$80k per year depending on experience and qualifications.

Indianapolis (zip 46254) has an unemployment rate of 5.6%. The US average is 6.0%.

Indianapolis (zip 46254) 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 46254)
- The Sales Tax Rate for Indianapolis (zip 46254) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Indianapolis (zip 46254) 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 46254)
- The average income of a Indianapolis (zip 46254) resident is $21,051 a year. The US average is $28,555 a year.
- The Median household income of a Indianapolis (zip 46254) resident is $51,702 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIndianapolis, IndianaUnited States
  5.66
  -4.7%-6.2%
  37.5%33.5%
  7.0%6.2%
  5.3%4.6%
  $28,157$37,638
  $51,702$69,021
  $62,186$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  1.6%6.8%
  13.2%10.0%
  3.3%2.5%
  9.3%11.0%
  12.8%4.8%
  0.6%0.8%
  0.7%1.9%
  5.3%4.7%
  2.1%1.9%
  5.9%7.6%
  0.0%0.1%
  3.7%4.2%
  6.4%9.3%
  19.5%14.0%
  2.6%2.1%
  3.2%7.0%
  5.1%4.8%
  4.3%4.7%
Health