Bright, IN is a small town located in the Midwest United States. It is an ideal place to live for those looking for a more affordable cost of living. This is evidenced by the average two bedroom rent which is $950 compared to the US average of $1,430. Additionally, grocery costs are on par with the national average so you can get great deals on your groceries. In terms of business Bright, IN has many local companies such as Bright Electronics, Bright Foods & Co., and Bright Pharmacy that all offer quality goods and services to its citizens.
Bright has an unemployment rate of 4.5%. The US average is 6.0%.
Bright has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Bright
- The Sales Tax Rate for Bright is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Bright is 3.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bright
- The average income of a Bright resident is $32,385 a year. The US average is $28,555 a year.
- The Median household income of a Bright resident is $93,382 a year. The US average is $69,021 a year.