Shipshewana, IN is a charming town located in LaGrange County and known for its rural Amish lifestyle. It has a population of 46565 people and offers a variety of affordable housing options with the average 2 bedroom rent being $910, which is much lower than the US average of $1,430. The Grocery Cost Index here is 95 compared to 100 in the US, making it an ideal place to live on a budget. There are many local companies such as Shipshewana Antique Mall & Flea Market, Dawdy’s Country Store & Bakery, Shipshewana Trading Place Auction & Flea Market that provide shopping opportunities as well as places to eat like Dutch Kitchen Restaurant where you can enjoy traditional Amish food. In addition to shopping there are plenty of activities like hiking at nearby nature reserves or exploring local museums like Menno-Hof Amish/Mennonite Information Center.
Shipshewana (zip 46565) has an unemployment rate of 3.0%. The US average is 6.0%.
Shipshewana (zip 46565) has seen the job market decrease by -7.9% over the last year. Future job growth over the next ten years is predicted to be 47.4%, which is higher than the US average of 33.5%.
Tax Rates for Shipshewana (zip 46565)
- The Sales Tax Rate for Shipshewana (zip 46565) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Shipshewana (zip 46565) is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Shipshewana (zip 46565)
- The average income of a Shipshewana (zip 46565) resident is $30,156 a year. The US average is $37,638 a year.
- The Median household income of a Shipshewana (zip 46565) resident is $84,758 a year. The US average is $69,021 a year.