Brook, IN is a small town located in southwest Indiana. It is known for its scenic views of nature, its award-winning schools and its strong community spirit. The cost of living in Brook is much lower than the national average making it an affordable place to live. Rent for a two bedroom apartment averages $820 while the same apartment nationally would cost about $1,430. Additionally, grocery costs index at 89 percent compared to 100 percent nationally.
Businesses in Brook include Town Pantry Grocery Store, Hoosier Pawn and Gunshot Bar & Grill. These local businesses provide excellent goods and services to those who call Brook home. Also Brook's natural beauty makes it a great place for outdoor activities or just walking around and enjoying nature.
Overall, Brook has much to offer residents at a fraction of the price compared to other places in the US making it an excellent option for those looking for a great place to call home.
Brook has an unemployment rate of 5.0%. The US average is 6.0%.
Brook has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Brook
- The Sales Tax Rate for Brook is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Brook 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 Brook
- The average income of a Brook resident is $18,893 a year. The US average is $28,555 a year.
- The Median household income of a Brook resident is $45,769 a year. The US average is $69,021 a year.