Munster, Indiana (46321) is a town located in Lake County with an estimated population of 23,639. Nestled close to the Great Lakes with miles of coastline, Munster is home to many businesses such as Schererville's Advanced Auto Body and Collision Repair, the original Valpo Velvet Ice Cream Factory, and South Shore Opticians. In terms of rental costs for two-bedrooms residences, Munster fares better than the national average. Recent data shows that two-bedroom rent in Munster averages around $1,240 compared to $1,430 nationally. Additionally, grocery costs index at 97 against 100 for US averages. Thus, living in Munster provides a great deal for those looking for affordable housing options and lower cost of living expenses.
Munster (zip 46321) has an unemployment rate of 7.6%. The US average is 6.0%.
Munster (zip 46321) has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.
Tax Rates for Munster (zip 46321)
- The Sales Tax Rate for Munster (zip 46321) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Munster (zip 46321) is 3.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Munster (zip 46321)
- The average income of a Munster (zip 46321) resident is $48,115 a year. The US average is $37,638 a year.
- The Median household income of a Munster (zip 46321) resident is $96,938 a year. The US average is $69,021 a year.