Lake Village, IN is a small town located in northwestern Indiana. The population of this town is currently estimated to be around 46349 people. The rent for two bedroom apartments in the area is quite affordable at $950, which is much lower than the US average of $1,430. Grocery costs are also lower in Lake Village compared to the US with an index of 94 versus 100. This makes living here quite budget friendly for families and individuals alike.
Local companies in Lake Village include Blue Ribbon Machine Works, ARHIA Services Inc., Miller Grain & Supply Co., and J&M Transport LLC. Blue Ribbon Machine Works provides manufacturing services for parts used in automobiles and other machinery. ARHIA Services Inc. specializes in providing top-notch IT solutions and services while Miller Grain & Supply Co. offers grain storage solutions for farmers in the region. Lastly, J&M Transport LLC provides reliable transportation services throughout Indiana and surrounding states.
Lake Village (zip 46349) has an unemployment rate of 5.0%. The US average is 6.0%.
Lake Village (zip 46349) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Lake Village (zip 46349)
- The Sales Tax Rate for Lake Village (zip 46349) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Village (zip 46349) 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 Lake Village (zip 46349)
- The average income of a Lake Village (zip 46349) resident is $24,284 a year. The US average is $28,555 a year.
- The Median household income of a Lake Village (zip 46349) resident is $78,794 a year. The US average is $69,021 a year.