Westfield, IN is a vibrant city located in the heart of Hamilton County. It is a great place to live with plenty of amenities and attractions, including one of the top-rated school systems in the state. The average two-bedroom rent in Westfield is $1,340 which is slightly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Westfield is equal to that of the US, indicating a reasonable cost for groceries.
Westfield has many local businesses that make it a great place to live and work. There are several major corporations such as Fiat Chrysler Automotive Group, KAR Auction Services Inc., and Applied Graphics Technologies (AGT) within city limits. In addition to these larger companies, there are numerous smaller businesses that cater to the diverse population living in Westfield such as farmers markets, independent shops and restaurants.
Westfield has an unemployment rate of 2.9%. The US average is 6.0%.
Westfield has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 41.0%, which is higher than the US average of 33.5%.
Tax Rates for Westfield
- The Sales Tax Rate for Westfield is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Westfield 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 Westfield
- The average income of a Westfield resident is $36,951 a year. The US average is $28,555 a year.
- The Median household income of a Westfield resident is $106,777 a year. The US average is $69,021 a year.