Zip 46960 (Monterey, IN) Economy


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United States / Indiana / No Metro Area / Pulaski County / No City / Monterey (zip 46960)
46960 Monterey, IN is an area located in Pulaski County with just over 600 residents. The 2 Bedroom Rent for this area is relatively affordable at $810 per month. The grocery cost index in the 46960 zip code is 90 versus the US average of 100, making groceries more affordable as well. This area has many local businesses that serve the residents like Groundhog Lumber Inc., Schrock's Service Center and B & M Seed Co. Inc. Crime rate in 46960 Monterey, IN is low compared to other areas around the state.

Monterey (zip 46960) has an unemployment rate of 4.1%. The US average is 6.0%.

Monterey (zip 46960) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.

Tax Rates for Monterey (zip 46960)
- The Sales Tax Rate for Monterey (zip 46960) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Monterey (zip 46960) is 6.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Monterey (zip 46960)
- The average income of a Monterey (zip 46960) resident is $22,262 a year. The US average is $28,555 a year.
- The Median household income of a Monterey (zip 46960) resident is $44,286 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMonterey, IndianaUnited States
  4.16
  -5.4%-6.2%
  32.2%33.5%
  7.0%6.2%
  6.6%4.6%
  $26,450$37,638
  $44,286$69,021
  $66,250$85,028
  Population by Occupation
  0.3%1.2%
  3.0%0.5%
  3.2%6.8%
  27.0%10.0%
  0.5%2.5%
  16.0%11.0%
  4.2%4.8%
  0.0%0.8%
  1.2%1.9%
  13.8%4.7%
  3.0%1.9%
  2.8%7.6%
  0.0%0.1%
  1.8%4.2%
  2.2%9.3%
  9.5%14.0%
  0.0%2.1%
  5.2%7.0%
  1.8%4.8%
  4.7%4.7%
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