Whiting, IN is an affordable place to live with a 2 bedroom rent of $930 compared to the US average of $1,430. Grocery costs are also lower than the US average as the Grocery Cost Index in Whiting is 94 versus 100 in the US. Local companies in Whiting include Kohl's Food Stores, Whiting Refinery, Indiana Harbor Belt Railroad and Wolcott & Company CPA. All of these businesses create employment opportunities for local residents and contribute to the local economy.
Whiting has an unemployment rate of 7.6%. The US average is 6.0%.
Whiting 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 28.5%, which is lower than the US average of 33.5%.
Tax Rates for Whiting
- The Sales Tax Rate for Whiting is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Whiting is 3.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Whiting
- The average income of a Whiting resident is $24,129 a year. The US average is $28,555 a year.
- The Median household income of a Whiting resident is $50,590 a year. The US average is $69,021 a year.