The city of Portage, IN (zip code 46368) is a wonderful place to live due to its relatively low rent costs and cost of living. 2 bedroom rents in this area are $1,040 on average, which is significantly lower than the US average of $1,430. Grocery costs here are also much more affordable than other parts of the country as the Grocery Cost Index in this area is 96 compared to the US average of 100. There are lots of great local companies available for residents to patronize such as Pizza King, Family Express Corporation, and West Side Car Wash. Overall, living in Portage can be an affordable option for those looking for a new home or vacation spot without breaking the bank.
Portage (zip 46368) has an unemployment rate of 5.3%. The US average is 6.0%.
Portage (zip 46368) 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 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Portage (zip 46368)
- The Sales Tax Rate for Portage (zip 46368) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Portage (zip 46368) is 3.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Portage (zip 46368)
- The average income of a Portage (zip 46368) resident is $29,947 a year. The US average is $37,638 a year.
- The Median household income of a Portage (zip 46368) resident is $63,593 a year. The US average is $69,021 a year.