Burns Harbor, IN is a great place to live with lots of local business and amenities. The median 2 bedroom rent in Burns Harbor comes in at $1,110 compared to the national average of $1,430. This makes the cost of living quite affordable. The Grocery Cost Index in this town is also below the national mark sitting at 96 versus 100 nationally. There are plenty of local businesses including restaurants like Pierogi Heaven and shops like Nautical Outfitters. These friendly stores welcome locals and visitors alike and make Burns Harbor a great place to visit or call home.
Burns Harbor has an unemployment rate of 5.3%. The US average is 6.0%.
Burns Harbor has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Burns Harbor
- The Sales Tax Rate for Burns Harbor is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Burns Harbor is 3.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Burns Harbor
- The average income of a Burns Harbor resident is $25,073 a year. The US average is $28,555 a year.
- The Median household income of a Burns Harbor resident is $87,396 a year. The US average is $69,021 a year.