Valparaiso, Indiana is a vibrant city located about one hour from Chicago. It's known for its great shopping and restaurants, as well as its close proximity to the lake Michigan beaches. The 2 bedroom rent in Valparaiso is $1,080 which is significantly lower than the US average of $1,430. Additionally, with a grocery cost index of 97 versus 100 in the US, Valparaiso residents can expect to save even more on their monthly expenses.
Valparaiso offers an array of activities for visitors and locals alike. Popular attractions include Pumpkinvine Nature Trail, Deep River Waterpark and Taltree Arboretum & Gardens. The city also boasts several local businesses such as Resolute Athletic Complex and The Joinery- A Woodworking Studio & Showroom. Whether you're looking for outdoor adventure or a unique shopping experience, Valparaiso has it all!
Valparaiso (zip 46383) has an unemployment rate of 5.3%. The US average is 6.0%.
Valparaiso (zip 46383) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Valparaiso (zip 46383)
- The Sales Tax Rate for Valparaiso (zip 46383) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Valparaiso (zip 46383) is 3.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Valparaiso (zip 46383)
- The average income of a Valparaiso (zip 46383) resident is $27,397 a year. The US average is $28,555 a year.
- The Median household income of a Valparaiso (zip 46383) resident is $64,067 a year. The US average is $69,021 a year.