Winchester, IN is an excellent small town located in the heart of Indiana. With a population of just over 4,000 people, it offers a peaceful atmosphere with easy access to big-city amenities. Rent for two-bedroom apartments is very affordable at $810 per month compared to the US average of $1,430. Grocery cost index is also low at 91 compared to the US 100 index. The local community has several business establishments like Anderson Chrysler Dodge Jeep Ram, Savory Cafe & Deli and Country Market that offer quality products and services. There are also plenty of recreational activities for families and visitors such as biking trails, parks and golf courses. Winchester is a wonderful place to live or visit!
Winchester has an unemployment rate of 4.6%. The US average is 6.0%.
Winchester has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 9.6%, which is lower than the US average of 33.5%.
Tax Rates for Winchester
- The Sales Tax Rate for Winchester is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Winchester is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Winchester
- The average income of a Winchester resident is $25,923 a year. The US average is $28,555 a year.
- The Median household income of a Winchester resident is $51,985 a year. The US average is $69,021 a year.