Elizabethtown, IN is a desirable place to live due to its lower cost of living. The average 2 bedroom rent in Elizabethtown is $1,040, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Elizabethtown is 94 versus 100 in the US. This means that groceries are cheaper in Elizabethtown than most other places. Local companies in Elizabethtown include Cummins Inc., CVS Health and Walmart Corp. Overall, Elizabethtown's cost of living makes it an attractive option for those looking to save money while still enjoying the amenities offered by a city.
Elizabethtown has an unemployment rate of 3.8%. The US average is 6.0%.
Elizabethtown has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Elizabethtown
- The Sales Tax Rate for Elizabethtown is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Elizabethtown is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elizabethtown
- The average income of a Elizabethtown resident is $14,142 a year. The US average is $28,555 a year.
- The Median household income of a Elizabethtown resident is $55,417 a year. The US average is $69,021 a year.