Zip 46166 (Paragon, IN) Economy


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46166 Paragon, IN is an excellent place to live for those looking for affordable housing options. The 2 bedroom rent in this area is $1,060 which is substantially lower than the national average of $1,430. In addition to this, the Grocery Cost Index in 46166 Paragon is 93 which means that groceries are generally 7% cheaper here than they are in other areas of the US. This makes it a great option for families on a budget. Some of the local companies include Creative Wines and Spirits, Jo's Carpet Cleaning Services and Anderson Family Farm. All three offer products and services of exceptional quality at competitive prices which make them popular with residents of 46166 Paragon.

Paragon (zip 46166) has an unemployment rate of 3.9%. The US average is 6.0%.

Paragon (zip 46166) 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 37.0%, which is higher than the US average of 33.5%.

Tax Rates for Paragon (zip 46166)
- The Sales Tax Rate for Paragon (zip 46166) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Paragon (zip 46166) is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Paragon (zip 46166)
- The average income of a Paragon (zip 46166) resident is $23,205 a year. The US average is $28,555 a year.
- The Median household income of a Paragon (zip 46166) resident is $76,383 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyParagon, IndianaUnited States
  3.96
  -4.7%-6.2%
  37.0%33.5%
  7.0%6.2%
  6.0%4.6%
  $28,430$37,638
  $76,383$69,021
  $75,824$85,028
  Population by Occupation
  0.5%1.2%
  0.9%0.5%
  20.5%6.8%
  6.8%10.0%
  4.3%2.5%
  10.9%11.0%
  9.1%4.8%
  0.2%0.8%
  0.6%1.9%
  0.5%4.7%
  0.5%1.9%
  4.0%7.6%
  0.2%0.1%
  3.6%4.2%
  7.1%9.3%
  15.5%14.0%
  0.9%2.1%
  2.2%7.0%
  5.3%4.8%
  6.3%4.7%
Health