Zip 46563 (Plymouth, IN) Economy


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United States / Indiana / Plymouth Metro Area / Marshall County / No City / Plymouth (zip 46563)
Plymouth, Indiana, located in Marshall County with a population of 10,033 as of 2020, is a beautiful town filled with amenities and plenty of activities to keep the residents occupied. Living expenses like rent and groceries are relatively low compared to the US average. The cost of renting a 2 bedroom apartment in Plymouth is $1,020 per month while the US average is $1,430 per month. Grocery costs index in Plymouth is 92 versus 100 in the US on average.
Within Plymouth there are plenty of companies that offer services ranging from retail to automotive repair. For example, Kteq Automotive Repairs provides quality car repairs and maintenance services for residents while Quilt Shop offers fabrics of all sorts for sewing projects as well as books and patterns for quilters. Jonna’s Market specializes in bulk foods ranging from produce to candy while B & L Discount Store supplies furniture at discounted prices. Lastly, Northside Quality Paints offers paint products along with rental equipment for painting projects.

Plymouth (zip 46563) has an unemployment rate of 4.0%. The US average is 6.0%.

Plymouth (zip 46563) has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 21.9%, which is lower than the US average of 33.5%.

Tax Rates for Plymouth (zip 46563)
- The Sales Tax Rate for Plymouth (zip 46563) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Plymouth (zip 46563) is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Plymouth (zip 46563)
- The average income of a Plymouth (zip 46563) resident is $22,524 a year. The US average is $28,555 a year.
- The Median household income of a Plymouth (zip 46563) resident is $56,342 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPlymouth, IndianaUnited States
  46
  -6.2%-6.2%
  21.9%33.5%
  7.0%6.2%
  4.5%4.6%
  $28,083$37,638
  $56,342$69,021
  $71,338$85,028
  Population by Occupation
  1.2%1.2%
  0.3%0.5%
  9.2%6.8%
  30.5%10.0%
  1.7%2.5%
  8.3%11.0%
  4.9%4.8%
  0.7%0.8%
  1.0%1.9%
  2.5%4.7%
  0.7%1.9%
  2.7%7.6%
  0.1%0.1%
  2.7%4.2%
  7.5%9.3%
  12.3%14.0%
  1.0%2.1%
  5.8%7.0%
  4.6%4.8%
  2.3%4.7%
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