Zip 46979 (Russiaville, IN) Economy


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United States / Indiana / Kokomo Metro Area / Howard County / No City / Russiaville (zip 46979)
46979 Russiaville, IN is a small town located in Howard County. The area offers affordable living, with a 2 bedroom rent of $1,010, which is cheaper than the US average of $1,430. Grocery cost index in this town is 94 compared to 100 nationwide.
The economy of 46979 Russiaville, IN relies on local businesses such as Hatton Auto Sales and Repair, Whiteford Heating & Cooling Inc., Little Cottage Inn Restaurant & Bar, and Paul’s Supermarket. Hatton Auto Sales and Repair provides automotive repair services while Whiteford Heating & Cooling Inc. offers heating and cooling solutions for homes and businesses in the area. Little Cottage Inn Restaurant & Bar, a family-owned restaurant since 1992, serves delicious dinner meals and cocktails in a cozy atmosphere while Paul’s Supermarket provides residents with fresh groceries at an affordable price.

Russiaville (zip 46979) has an unemployment rate of 6.0%. The US average is 6.0%.

Russiaville (zip 46979) has seen the job market increase by 4.9% over the last year. Future job growth over the next ten years is predicted to be 42.3%, which is higher than the US average of 33.5%.

Tax Rates for Russiaville (zip 46979)
- The Sales Tax Rate for Russiaville (zip 46979) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Russiaville (zip 46979) is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Russiaville (zip 46979)
- The average income of a Russiaville (zip 46979) resident is $31,692 a year. The US average is $28,555 a year.
- The Median household income of a Russiaville (zip 46979) resident is $86,853 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRussiaville, IndianaUnited States
  66
  -6.0%-6.2%
  42.3%33.5%
  7.0%6.2%
  5.0%4.6%
  $35,972$37,638
  $86,853$69,021
  $95,096$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  10.1%6.8%
  26.6%10.0%
  1.8%2.5%
  5.6%11.0%
  2.9%4.8%
  0.3%0.8%
  1.0%1.9%
  1.6%4.7%
  2.3%1.9%
  4.6%7.6%
  0.0%0.1%
  0.9%4.2%
  9.4%9.3%
  19.6%14.0%
  0.5%2.1%
  6.0%7.0%
  3.1%4.8%
  3.1%4.7%
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