Zip 46382 (Union Mills, IN) Economy


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Union Mills is a small town in Indiana with a population of 463 people. The average 2-bedroom rent cost in Union Mills is $970, which is significantly lower than the U.S. average of $1430. Additionally, the grocery cost index in Union Mills is 94 versus the national average of 100. This indicates that living expenses are relatively low compared to other towns across the country.
Union Mills has several local companies that make up its economy, including Cole's Collision Repair, Thomas Dental Care, Brown's Auto Parts & Repair, and Linn & Son Tree Service. These businesses contribute to Union Mills' vibrant community and stimulate economic growth in the area.

Union Mills (zip 46382) has an unemployment rate of 6.7%. The US average is 6.0%.

Union Mills (zip 46382) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.

Tax Rates for Union Mills (zip 46382)
- The Sales Tax Rate for Union Mills (zip 46382) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Union Mills (zip 46382) is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Union Mills (zip 46382)
- The average income of a Union Mills (zip 46382) resident is $30,025 a year. The US average is $28,555 a year.
- The Median household income of a Union Mills (zip 46382) resident is $96,058 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUnion Mills, IndianaUnited States
  6.76
  -5.6%-6.2%
  23.3%33.5%
  7.0%6.2%
  4.2%4.6%
  $38,365$37,638
  $96,058$69,021
  $95,962$85,028
  Population by Occupation
  3.5%1.2%
  0.0%0.5%
  12.0%6.8%
  16.5%10.0%
  10.9%2.5%
  1.3%11.0%
  15.1%4.8%
  1.0%0.8%
  0.9%1.9%
  1.0%4.7%
  0.0%1.9%
  1.4%7.6%
  0.0%0.1%
  1.1%4.2%
  11.1%9.3%
  13.4%14.0%
  0.0%2.1%
  2.7%7.0%
  4.6%4.8%
  3.5%4.7%
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