Muncie, Indiana (47302) is an excellent place to call home. It has a population of 70,085 people and is located in Delaware County. The average two bedroom rent in Muncie is $850 which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Muncie is 89 compared to 100 for the United States providing an even greater savings opportunity for residents. There are many local employers that make the Muncie area a great place to work such as Ball State University (BSU), Federal Mogul Motorparts, Red Gold Tomatoes, S&S Lumber Company and Community Hospital Anderson. With its affordable housing and employment opportunities, 47302 Muncie is a great place to live.
Muncie (zip 47302) has an unemployment rate of 5.0%. The US average is 6.0%.
Muncie (zip 47302) 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 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Muncie (zip 47302)
- The Sales Tax Rate for Muncie (zip 47302) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Muncie (zip 47302) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Muncie (zip 47302)
- The average income of a Muncie (zip 47302) resident is $18,210 a year. The US average is $28,555 a year.
- The Median household income of a Muncie (zip 47302) resident is $40,693 a year. The US average is $69,021 a year.