Macy, Indiana is an excellent place to live due to its affordability in both rent and groceries. A 2-bedroom rental in Macy is $830, which is much lower than the US average of $1,430. With a grocery cost index rating of 91 compared to the US 100, it's clear that living in Macy provides great value for money. In addition, there are plenty of fantastic companies and amenities in the area such as Denning Farms, Raber Poultry Farm Incorporated, and Raber Produce & Livestock. These local businesses provide a variety of services such as grocery store items, organic fruits and vegetables, and fresh meat products. In addition to these companies and farms, there are also several restaurants such as Little Mexico Grill and Starmount Bar & Grill where residents can enjoy delicious meals with friends or family.
Macy (zip 46951) has an unemployment rate of 5.2%. The US average is 6.0%.
Macy (zip 46951) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Macy (zip 46951)
- The Sales Tax Rate for Macy (zip 46951) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Macy (zip 46951) is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Macy (zip 46951)
- The average income of a Macy (zip 46951) resident is $21,313 a year. The US average is $37,638 a year.
- The Median household income of a Macy (zip 46951) resident is $44,489 a year. The US average is $69,021 a year.