46959 Miami, IN is an amazing place to live with a relatively low cost of living. The average rent for a two bedroom apartment in 46959 Miami is $820, which is roughly 42% less than the national average rent of $1,430. In addition, grocery costs are also significantly lower in 46959 Miami, with an index of 90 versus the 100 index found in the United States. This means that food items purchased in 46959 Miami can be up to 10% cheaper than many places across the country. Furthermore, there are plenty of local businesses to choose from such as Lebamoff Enterprises Inc., Factory Motorsports LLC, and Snacks Drive-In Restaurant & Catering Services LLC – all offering great products and services at competitive prices.
Miami (zip 46959) has an unemployment rate of 5.2%. The US average is 6.0%.
Miami (zip 46959) 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 Miami (zip 46959)
- The Sales Tax Rate for Miami (zip 46959) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Miami (zip 46959) 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 Miami (zip 46959)
- The average income of a Miami (zip 46959) resident is $28,873 a year. The US average is $37,638 a year.
- The Median household income of a Miami (zip 46959) resident is $0 a year. The US average is $69,021 a year.