Zip 46617 (South Bend, IN) Economy


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South Bend, IN is a great place to live with plenty of amenities and attractions. The city is home to the University of Notre Dame, whose Fighting Irish are widely recognized and beloved in the area. Not far away in downtown South Bend sits the Morris Performing Arts Center, a well-known venue for theatrical performances, concerts, and comedy shows. As far as business goes, South Bend boasts an impressive lineup of local companies such as AM General, Honeywell International, Klockner Pentaplast Group, Martin’s Supermarkets, HealthLinc Family Medicine & Pediatrics Clinic, and more. The cost of living in South Bend relative to the US is affordable; rent for a two bedroom apartment averages $1,430 per month which is on par with the US average and groceries here are slightly lower indexing at 91 compared to 100 nationally.

South Bend (zip 46617) has an unemployment rate of 6.9%. The US average is 6.0%.

South Bend (zip 46617) has seen the job market decrease by -8.3% over the last year. Future job growth over the next ten years is predicted to be 36.0%, which is higher than the US average of 33.5%.

Tax Rates for South Bend (zip 46617)
- The Sales Tax Rate for South Bend (zip 46617) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for South Bend (zip 46617) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for South Bend (zip 46617)
- The average income of a South Bend (zip 46617) resident is $53,653 a year. The US average is $37,638 a year.
- The Median household income of a South Bend (zip 46617) resident is $71,302 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouth Bend, IndianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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