Hamilton, IN county is an attractive location for residents due to its low cost of living. According to the information above, 2 Bedroom rent in Hamilton County is $1,070 compared to the US average of $1,430. Furthermore, the Grocery Cost Index in Hamilton County is 98 versus 100 within the US. This makes it a great place to settle down and start a family as housing costs are lower than average.
The town of Hamilton offers many services and amenities such as local schools, parks and recreational activities. Furthermore, there are several local companies such as D-Mack Industries Inc., Stop-N-Go convenience store, and Park View Animal Clinic which all offer quality services for locals. In summary, Hamilton IN County provides attractive housing options at a lower cost than most cities in America while also boasting excellent local resources.
Hamilton County has an unemployment rate of 3.1%. The US average is 6.0%.
Hamilton County 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 42.6%, which is higher than the US average of 33.5%.
Tax Rates for Hamilton County
- The Sales Tax Rate for Hamilton County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hamilton County 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 Hamilton County
- The average income of a Hamilton County resident is $40,012 a year. The US average is $28,555 a year.
- The Median household income of a Hamilton County resident is $104,858 a year. The US average is $69,021 a year.