Charlestown, IN is a small city located in Clark County that has a lot to offer. The cost of living in the city is quite affordable; the average 2 bedroom rent is $970 compared to the US average of $1,430, and grocery costs are also much cheaper with an index of 95 compared to 100 in the US. Additionally, Charlestown is home to many renowned companies including Hagedorn Corporation, which specializes in manufacturing products for the agricultural industry and Charlestown Printing Company which has been providing quality printing services since 1929. Overall, Charlestown is a great place to live due to its low cost of living and abundance of job opportunities.
Charlestown has an unemployment rate of 4.4%. The US average is 6.0%.
Charlestown 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 36.3%, which is higher than the US average of 33.5%.
Tax Rates for Charlestown
- The Sales Tax Rate for Charlestown is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Charlestown is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Charlestown
- The average income of a Charlestown resident is $21,006 a year. The US average is $28,555 a year.
- The Median household income of a Charlestown resident is $58,987 a year. The US average is $69,021 a year.