Cloverdale, IN is a small town in the Midwest with a population of about 7,000 people. It is known for its friendly atmosphere and low cost of living. A two-bedroom apartment in Cloverdale typically rents for around $900, which is significantly lower than the US average of $1,430. The grocery cost index in Cloverdale is also 94, whereas it is 100 in the rest of the United States. This makes groceries cheaper in Cloverdale than elsewhere. \nThe town's main employers are Rocking Chair Manufacturing Company, Hoosier Printing Company, and A & H Trailers LLC. Other businesses located in Cloverdale include South Putnam Schools Corporation, Leisure Time RV Center Inc., J & K Tire Store Inc., and Maple Grove Veterinary Clinic LLC. With its low rental costs and inexpensive groceries, this small Indiana town offers an attractive option for those looking to enjoy a rural lifestyle without spending too much money on everyday items like rent or food.
Cloverdale has an unemployment rate of 4.2%. The US average is 6.0%.
Cloverdale has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Cloverdale
- The Sales Tax Rate for Cloverdale is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cloverdale is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cloverdale
- The average income of a Cloverdale resident is $20,280 a year. The US average is $28,555 a year.
- The Median household income of a Cloverdale resident is $45,795 a year. The US average is $69,021 a year.