Clermont, IN Economy


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Clermont, IN is a great place to live with many local companies offering jobs and other opportunities. The cost of living in Clermont is very reasonable with a two bedroom rent costing on average $1,310 per month, while the US two bedroom rent averages $1,430 per month. Additionally, the Grocery Cost Index in Clermont is 95 verses 100 for the US. Local businesses in Clermont include Essentia Health St Mary’s Hospital & Clinics, Walmart Supercenter, Honda Manufacturing of Indiana LLC, and Geocel Corporation. With lower than average rent costs and grocery costs as well as numerous job opportunities from local companies Clermont offers residents an affordable lifestyle.

Clermont has an unemployment rate of 5.6%. The US average is 6.0%.

Clermont has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.

Tax Rates for Clermont
- The Sales Tax Rate for Clermont is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Clermont is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Clermont
- The average income of a Clermont resident is $28,526 a year. The US average is $28,555 a year.
- The Median household income of a Clermont resident is $77,321 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClermont, IndianaUnited States
  5.66
  -4.7%-6.2%
  37.5%33.5%
  7.0%6.2%
  5.3%4.6%
  $34,581$37,638
  $77,321$69,021
  $87,258$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.6%6.8%
  13.7%10.0%
  0.2%2.5%
  12.0%11.0%
  3.5%4.8%
  1.2%0.8%
  2.3%1.9%
  4.3%4.7%
  2.6%1.9%
  6.6%7.6%
  0.2%0.1%
  3.3%4.2%
  5.5%9.3%
  13.6%14.0%
  0.9%2.1%
  9.2%7.0%
  5.7%4.8%
  4.6%4.7%
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