Zip 46156 (Milroy, IN) Economy


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United States / Indiana / No Metro Area / Rush County / No City / Milroy (zip 46156)
Milroy, IN is a small town located in Rush County. With a population of less than 500 people, it's a great place to experience rural living. Thanks to its low population and cost of living, rent for two bedroom apartments averages at $830 per month, which is significantly lower compared to the US average of $1430. In addition, the grocery cost index is 91 versus 100 in the US so goods are relatively affordable here as well.
Milroy offers plenty of local amenities that make life convenient for its residents. There’s the Milroy Amish Market where you can get quality Amish products like baked goods and furniture. For outdoor activities fans, there’s the nearby Holly Run Golf Course with an 18-hole championship course. Residents also have access to primary healthcare services through Milroy Family Clinic & Ob/Gyn run by Dr Michael Andersch MD and his team of experienced medical professionals.

Milroy (zip 46156) has an unemployment rate of 4.0%. The US average is 6.0%.

Milroy (zip 46156) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 31.8%, which is lower than the US average of 33.5%.

Tax Rates for Milroy (zip 46156)
- The Sales Tax Rate for Milroy (zip 46156) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Milroy (zip 46156) is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Milroy (zip 46156)
- The average income of a Milroy (zip 46156) resident is $19,828 a year. The US average is $28,555 a year.
- The Median household income of a Milroy (zip 46156) resident is $58,056 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMilroy, IndianaUnited States
  46
  -6.8%-6.2%
  31.8%33.5%
  7.0%6.2%
  5.3%4.6%
  $29,233$37,638
  $58,056$69,021
  $70,931$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  0.0%6.8%
  30.1%10.0%
  0.0%2.5%
  5.6%11.0%
  10.0%4.8%
  0.0%0.8%
  2.1%1.9%
  4.2%4.7%
  0.0%1.9%
  1.2%7.6%
  0.0%0.1%
  5.8%4.2%
  11.9%9.3%
  8.9%14.0%
  0.0%2.1%
  8.6%7.0%
  10.0%4.8%
  0.0%4.7%
Health