The city of Marion, IN (46953) is a great place to live with plenty of local amenities. The average rent for a two-bedroom apartment is $730, which is much lower than the national average of $1,430. Additionally, the grocery cost index in Marion is 89 versus 100 in other parts of the US, making it an affordable city for those looking to save money. Local businesses are thriving in Marion as well, such as Walmart, Meijer Supercenters, Lowe's Home Improvement Store and many more. With its low cost of living compared to the rest of the country and its variety of different amenities on offer, Marion (46953) is a great city for people looking for a comfortable lifestyle on a budget.
Marion (zip 46953) has an unemployment rate of 5.5%. The US average is 6.0%.
Marion (zip 46953) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 22.9%, which is lower than the US average of 33.5%.
Tax Rates for Marion (zip 46953)
- The Sales Tax Rate for Marion (zip 46953) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Marion (zip 46953) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Marion (zip 46953)
- The average income of a Marion (zip 46953) resident is $16,476 a year. The US average is $28,555 a year.
- The Median household income of a Marion (zip 46953) resident is $41,266 a year. The US average is $69,021 a year.