Zip 46974 (Roann, IN) Economy


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United States / Indiana / Wabash Metro Area / Wabash County / No City / Roann (zip 46974)
46974 Roann, IN is a great place to call home. The two bedroom rent in this area is $850, which makes it significantly more affordable than the US average of $1,430. Additionally, grocery costs are also much lower at 93 compared to the national index of 100. With a variety of local businesses and amenities available in the area including the Roann Country Store, Primary Source Wellness Center and Pappy’s Pizza, 46974 Roann makes for an ideal place to live.

Roann (zip 46974) has an unemployment rate of 3.8%. The US average is 6.0%.

Roann (zip 46974) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Roann (zip 46974)
- The Sales Tax Rate for Roann (zip 46974) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Roann (zip 46974) is 6.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Roann (zip 46974)
- The average income of a Roann (zip 46974) resident is $25,288 a year. The US average is $28,555 a year.
- The Median household income of a Roann (zip 46974) resident is $46,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRoann, IndianaUnited States
  3.86
  -6.6%-6.2%
  22.3%33.5%
  7.0%6.2%
  6.1%4.6%
  $23,048$37,638
  $46,875$69,021
  $56,447$85,028
  Population by Occupation
  7.8%1.2%
  0.0%0.5%
  10.7%6.8%
  31.2%10.0%
  0.0%2.5%
  2.8%11.0%
  4.6%4.8%
  0.0%0.8%
  2.5%1.9%
  0.1%4.7%
  0.6%1.9%
  1.7%7.6%
  0.0%0.1%
  0.3%4.2%
  3.5%9.3%
  11.3%14.0%
  3.0%2.1%
  13.2%7.0%
  3.8%4.8%
  2.9%4.7%
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