Zip 46063 (Orestes, IN) Economy


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Orestes, Indiana is a small town located in Madison County. With a population of 46063 people, the town is a great place for those looking to settle down and start a family. Rent for a two-bedroom apartment can be found here for $880, much lower than the national average of $1430. Grocery costs are also low at only 90 versus 100 in the US. The overall cost of living is considerably lower than other parts of the country, making it an attractive location for many. The area has many popular local companies such as Orestes Feed & Grain Co., Countryside Cafe Inc., and Green Meadows Farm & Garden Center. With its strong community spirit and affordable housing options, Orestes is worth considering for anyone looking for an ideal place to call home.

Orestes (zip 46063) has an unemployment rate of 5.4%. The US average is 6.0%.

Orestes (zip 46063) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.

Tax Rates for Orestes (zip 46063)
- The Sales Tax Rate for Orestes (zip 46063) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Orestes (zip 46063) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Orestes (zip 46063)
- The average income of a Orestes (zip 46063) resident is $13,500 a year. The US average is $28,555 a year.
- The Median household income of a Orestes (zip 46063) resident is $53,289 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOrestes, IndianaUnited States
  5.46
  -4.8%-6.2%
  35.4%33.5%
  7.0%6.2%
  5.0%4.6%
  $22,641$37,638
  $53,289$69,021
  $54,375$85,028
  Population by Occupation
  6.2%1.2%
  0.0%0.5%
  3.7%6.8%
  29.2%10.0%
  0.0%2.5%
  10.6%11.0%
  1.2%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  3.1%7.6%
  0.0%0.1%
  12.4%4.2%
  3.7%9.3%
  14.3%14.0%
  0.0%2.1%
  9.9%7.0%
  1.9%4.8%
  3.7%4.7%
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