Zip 46055 (McCordsville, IN) Economy


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46055 McCordsville, IN is an ideal place to live due to its excellent cost of living. 2 bedroom rent in this area is $1,290 compared to the US average of $1,430. Grocery Cost Index is also very inexpensive with 99 versus 100 in the US. Along with a low cost of living, 46055 McCordsville also boasts many amenities and businesses within the community. Residents can enjoy shopping at local favorites like Walmart Supercenter, Marsh Supermarkets, and Sunoco Gas Station for groceries or supplies. Other popular local companies include Brixx Wood Fired Pizza for delicious food and Anytime Fitness for exercise and wellness activities. Additionally, several parks are located nearby to provide recreational fun and relaxation. With its low cost of living and many amenities, 46055 McCordsville is the perfect place to live in Indiana.

McCordsville (zip 46055) has an unemployment rate of 3.5%. The US average is 6.0%.

McCordsville (zip 46055) 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 40.8%, which is higher than the US average of 33.5%.

Tax Rates for McCordsville (zip 46055)
- The Sales Tax Rate for McCordsville (zip 46055) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for McCordsville (zip 46055) is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for McCordsville (zip 46055)
- The average income of a McCordsville (zip 46055) resident is $42,732 a year. The US average is $28,555 a year.
- The Median household income of a McCordsville (zip 46055) resident is $99,860 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMcCordsville, IndianaUnited States
  3.56
  -4.7%-6.2%
  40.8%33.5%
  7.0%6.2%
  4.9%4.6%
  $53,339$37,638
  $99,860$69,021
  $120,489$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  2.6%6.8%
  7.5%10.0%
  1.5%2.5%
  9.6%11.0%
  4.8%4.8%
  0.0%0.8%
  0.7%1.9%
  13.5%4.7%
  0.7%1.9%
  10.9%7.6%
  0.4%0.1%
  1.9%4.2%
  9.7%9.3%
  20.5%14.0%
  0.0%2.1%
  2.9%7.0%
  4.0%4.8%
  8.0%4.7%
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