Allen County · Indiana · Midwest · 269k residents
Fort Wayne, IN: economy, jobs & business costs
The site-selection read on Fort Wayne: labor costs, talent, corporate tax, energy, and business activity, with the Indiana median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,208/wk. Indiana's corporate income tax rate is 4.9%. Commercial electricity averages 12.4¢/kWh.
Compare Fort Wayne side by side
Avg. weekly wage
$1,208/wk
Corporate income tax
4.9%
Bachelor's degree or higher
29%
Commercial electricity
12.4¢/kWh
Economic momentum
How fast Fort Wayne's economy is moving, ranked against the US cities we track.
66/100
Steady
Ranks Fort Wayne's jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $188,900 |
| Price per sq. ft. | $150 |
| Property tax rate | 0.83% |
| 1-bedroom rent | $831/mo |
| 2-bedroom rent | $1,039/mo |
| State & local income tax | 4.53% |
| Sales tax | 7% |
| Corporate income tax | 4.9% |
| Avg. weekly wage | $1,208/wk |
| Bachelor's degree or higher | 29% |
| Commercial electricity | 12.4¢/kWh |
| Businesses per 1k residents | 27.0/1k |
| Wage: Software developer | $101,560 |
| Wage: Registered nurse | $79,630 |
| Wage: General manager | $107,780 |
| Wage: Customer service | $45,200 |
| Wage: Warehouse worker | $35,690 |
| Wage: Heavy truck driver | $59,050 |
| Wage: Electrician | $71,290 |
| Wage: Retail salesperson | $31,200 |
| Cost of living index | 80 |
| Groceries index | 95 |
| Utilities | $165/mo |
| Transit pass | $60/mo |
| Gas price | $3.20/gal |
| Healthcare index | 95 |
| Childcare (per child) | $900/mo |
| Median household income | $61,422 |
| Unemployment rate | 3.6% |
| Population | 269k |
| Crime index | 45/100 |
| School rating | 5.8/10 |
| Walkability | 42/100 |
| Disaster risk | 91/100 |
| Avg. commute | 24 min |
| Sunny days / year | 190 days |
| July high | 84°F |
| January low | 18°F |
| Annual snowfall | 34 in |
| Home price YoY | +2.5% |
| Home price MoM | 0.0% |
| Rent YoY | +6.6% |
| Rent MoM | +0.9% |
| Employment (jobs) YoY | +0.8% |
| Building permits YoY | — |
| Ocean coast | 557 mi |
| Big lake | 96 mi |
| Mountains | 339 mi |
| Major airport | 94 mi |
| Ski resort | 133 mi |
Popular comparisons
Nearby
- New Haven, IN · 16k
- Huntington, IN · 17k
- Warsaw, IN · 17k
- Marion, IN · 28k
- Goshen, IN · 34k
Similar size
- Evansville, IN · 116k
- South Bend, IN · 103k
- Fishers, IN · 102k
- Carmel, IN · 102k
- Bloomington, IN · 80k
Real listings in Fort Wayne
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Fort Wayne a good place to run a business?
- Indiana's corporate income tax rate is 4.9%; average weekly wages in the surrounding labor market run $1,208/wk; commercial electricity averages 12.4¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Fort Wayne, IN?
- Fort Wayne indexes at 80 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,039/mo and a acs median home value of $188,900.
- How much does a house cost in Fort Wayne?
- The acs median home value in Fort Wayne is $188,900 (Census ACS estimate; individual listings vary).
- How much is rent in Fort Wayne?
- A two-bedroom in Fort Wayne rents for about $1,039/mo.