The city of Indianapolis, Indiana (46201) has an average 2 bedroom rent of $1,010. This is significantly lower than the US average of $1,430. Coupled with the low Grocery Cost Index of 91 versus 100 in the US, Indianapolis offers some cost savings on basic necessities. There are several local companies that offer services and amenities to residents and visitors alike such as the Eli Lilly Corporation, Rolls-Royce Corporation North America and Dow AgroScience. Other popular local businesses include Crowne Plaza Hotel, Simon Property Group and IndyGo Transit System.
Indianapolis (zip 46201) has an unemployment rate of 5.6%. The US average is 6.0%.
Indianapolis (zip 46201) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Indianapolis (zip 46201)
- The Sales Tax Rate for Indianapolis (zip 46201) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Indianapolis (zip 46201) is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Indianapolis (zip 46201)
- The average income of a Indianapolis (zip 46201) resident is $22,251 a year. The US average is $37,638 a year.
- The Median household income of a Indianapolis (zip 46201) resident is $34,790 a year. The US average is $69,021 a year.