Salary & Cost of Living in Schererville, IN
Schererville, IN: $47,649 median salary, cost of living index 79.2, $7.25/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$47,649
$23/hr
Cost of Living
79.2
US avg = 100
Minimum Wage
$7.25
per hour
Unemployment
3.5%
rate
Schererville, IN Overview
Population
29,243
Median Salary
$47,649
Average Salary
$53,367
Avg Commute
19 min
Median Home Price
$197,000
Median Rent
$803/mo
Job Growth
+0.7%
Sales Tax
7%
Schererville is located in Indiana with a population of 29,243. The median household salary is $47,649 per year ($23/hour), which is $11,735 below the national median of $59,384. The average commute time is 19 minutes, and the city has a job growth rate of +0.7%.
Schererville Salary by Experience Level (2026)
Wage distribution in Schererville, IN based on BLS percentile breakdown of the $47,649 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $29,542 | $14.20/hr | 0–2 years |
| Mid-Level (Median) | $47,649 | $22.91/hr | 3–7 years |
| Senior-Level | $67,662 | $32.53/hr | 8–15 years |
| Top 10% (90th Percentile) | $84,815 | $40.78/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Schererville Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Schererville, IN, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$38,399
$3,199.95/month · $1,476.90/biweekly · Effective Rate: 19.4%
Gross Pay
$47,649
Federal Tax
-$3,679
State Tax
-$1,453
Local Tax
-$472
FICA
-$3,645
Net Pay
$38,399
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $3,970.75 | $47,649.00 |
| Federal Income Tax | -$306.62 | -$3,679.38 |
| Indiana State Tax (3.05%) | -$121.11 | -$1,453.29 |
| Local Tax (0.99%) | -$39.31 | -$471.73 |
| Social Security (6.2%) | -$246.19 | -$2,954.24 |
| Medicare (1.45%) | -$57.58 | -$690.91 |
| Net Take-Home Pay | $3,199.95 | $38,399.45 |
Salary Comparison: Schererville vs Other Cities
See how Schererville's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Schererville, IN | $47,649 | 79.2 | $60,163 |
| National Average | $59,384 | 100 | $59,384 |
| Mundelein, IL | $47,652 | 86 | $55,409 |
| Garner, NC | $47,656 | 92.6 | $51,464 |
| Madison, AL | $47,605 | 86.1 | $55,290 |
| Kettering, OH | $47,697 | 84.8 | $56,246 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Schererville
Schererville's cost of living index is 79.2 (national average = 100). Living in Schererville is 20.799999999999997% less expensive than the national average.
Median Home Price
$197,000
Median Monthly Rent
$803
Annual Rent Cost
$9,636
Your Salary's Purchasing Power
Your $38,399 annual take-home pay in Schererville has the purchasing power of approximately $48,484 in an average-cost US area. Your $47,649 salary stretches further here than in most US cities.
Top Industries in Schererville
Schererville's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $47,649.
Salary Tips for Schererville Workers
- Your salary goes further here. Schererville has a cost of living 20.799999999999997% below the national average. A salary of $47,649 here has the purchasing power of about $60,163 in an average-cost area.
- Research top industries. Schererville's top industries include Manufacturing, Logistics, Life Sciences. Targeting roles in these sectors can help you earn above the $47,649 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
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Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
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Frequently Asked Questions
What is the median salary in Schererville, IN?
The median salary in Schererville, IN is $47,649 per year, or $23 per hour. The average salary is $53,367. This is $11,735 below the national median of $59,384.
What is the cost of living in Schererville, IN?
Schererville's cost of living index is 79.2 (national average = 100), meaning it is 20.799999999999997% less expensive compared to the national average. The median home price is $197,000 and the median monthly rent is $803.
What are the best industries in Schererville?
The top industries in Schererville, IN include Manufacturing, Logistics, Life Sciences. The city has a job growth rate of 0.7% and an unemployment rate of 3.5%. Workers in these industries often earn above the city's median salary of $47,649.
How does Schererville's salary compare to other cities?
Schererville's median salary of $47,649 is 19.8% below the national median of $59,384. However, when adjusted for cost of living (index: 79.2), the real purchasing power is approximately $60,163.
What is the minimum wage in Schererville, IN?
The minimum wage in Schererville, IN is $7.25 per hour. This equals approximately $15,080 per year for a full-time worker (40 hours/week). This matches the federal minimum wage of $7.25/hour.