Mexico, Indiana is a small city in Cass County with a current population of 4,695. It is a great place to live due to its low cost of living. The average rent for a two bedroom apartment is $840 which is far less than the US average of $1,430. This lower cost carries over to basics such as food, gas, and other household items; Mexico's Grocery Cost Index stands at 91 versus 100 in the US. Those looking to settle down here have plenty of local businesses options when it comes to shopping; some notable stores include Dollar General, Walmart Supercenter, and McDonalds. Additionally there are many locally owned restaurants that bring unique flavors and experiences to the town's culture. Overall, Mexico is an affordable and great-lived city with plenty of options for its citizens.
Mexico (zip 46958) has an unemployment rate of 5.2%. The US average is 6.0%.
Mexico (zip 46958) 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 Mexico (zip 46958)
- The Sales Tax Rate for Mexico (zip 46958) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mexico (zip 46958) 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 Mexico (zip 46958)
- The average income of a Mexico (zip 46958) resident is $36,204 a year. The US average is $37,638 a year.
- The Median household income of a Mexico (zip 46958) resident is $69,239 a year. The US average is $69,021 a year.