Corunna, IN is a small town located in Indiana with plenty of local businesses for residents to enjoy. The cost of living is lower than the national average, making it an attractive location for people who are looking for more affordable housing and other costs. 2 bedroom rent in Corunna is $970 compared to $1,430 nationally. The grocery cost index in Corunna is 92 versus 100 in the US. Businesses such as Corunna Automotive Repair, NAPA Auto Parts & Hardware, and Corunna Pharmacy all make life convenient for locals. There are also plenty of restaurants and other amenities that help make Corunna a desirable place to live.
Corunna has an unemployment rate of 3.7%. The US average is 6.0%.
Corunna has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Corunna
- The Sales Tax Rate for Corunna is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Corunna 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 Corunna
- The average income of a Corunna resident is $14,534 a year. The US average is $28,555 a year.
- The Median household income of a Corunna resident is $58,750 a year. The US average is $69,021 a year.