Zip 46165 (North Salem, IN) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
equestId":"aa6fb967-e0d2-40b4-bf19-546bec5a57e8","resource":"content","data":[{"id":"txt_a346c46043a64e28a87d3ed739649dc5","text":" that might offer cheaper rent or grocery cost index\n \n46165 North Salem, IN is a great place to live for those looking for an affordable lifestyle. The average two bedroom rent in this area is $980 per month, which is substantially less than the US average of $1,430. Additionally, the Grocery Cost Index in this area is 96 compared to 100 in the US. This makes groceries much more affordable and can provide significant savings to local residents. Companies like Rent-A-Center and Aldi are popular options in this area when it comes to finding a good deal on rent and groceries respectively. With these companies, locals can find great deals on rent and groceries that make living here even more affordable.

North Salem (zip 46165) has an unemployment rate of 3.5%. The US average is 6.0%.

North Salem (zip 46165) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 41.0%, which is higher than the US average of 33.5%.

Tax Rates for North Salem (zip 46165)
- The Sales Tax Rate for North Salem (zip 46165) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for North Salem (zip 46165) is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for North Salem (zip 46165)
- The average income of a North Salem (zip 46165) resident is $31,675 a year. The US average is $37,638 a year.
- The Median household income of a North Salem (zip 46165) resident is $67,121 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Salem, IndianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.