Bruceville, IN Economy


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Bruceville, IN is a small town in the Midwest region of the US that offers its residents a cheaper cost of living compared to other places in the US. The average 2 bedroom rent in Bruceville is $980 while it is $1,430 nationally. Additionally, the grocery cost index for Bruceville is 90 versus 100 in the US.
The town's economy is made up of several local companies such as Lillie’s Dairy Farm, Woodland Auto Parts, and Evans Bakery. Local amenities include hiking trails at nearby state parks, modern schools with excellent educational programs, and a public library with access to educational resources. Other amenities include several restaurants offering delicious regional cuisine, and shopping centers with big-name brands like Walmart and Target.

Bruceville has an unemployment rate of 3.8%. The US average is 6.0%.

Bruceville has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Bruceville
- The Sales Tax Rate for Bruceville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Bruceville is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Bruceville
- The average income of a Bruceville resident is $20,931 a year. The US average is $28,555 a year.
- The Median household income of a Bruceville resident is $56,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBruceville, IndianaUnited States
  3.86
  -4.6%-6.2%
  24.2%33.5%
  7.0%6.2%
  4.2%4.6%
  $34,362$37,638
  $56,875$69,021
  $62,083$85,028
  Population by Occupation
  1.7%1.2%
  0.8%0.5%
  8.8%6.8%
  12.5%10.0%
  1.7%2.5%
  17.5%11.0%
  4.6%4.8%
  0.0%0.8%
  0.0%1.9%
  2.1%4.7%
  0.0%1.9%
  8.8%7.6%
  0.0%0.1%
  0.4%4.2%
  2.9%9.3%
  20.8%14.0%
  0.0%2.1%
  7.1%7.0%
  5.8%4.8%
  4.6%4.7%
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