Flora, IN Economy


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Flora, IN is a small town located in Carroll County with an approximate population of 2,600 people. It has a rural feel and is known for its friendly and welcoming community. The average rent for a two bedroom apartment in Flora is significantly lower than the national average, at only $810 per month. Flora also boasts a favorable grocery cost index of 92 compared to the national average of 100.
The town is home to local businesses such as Riley Brothers Grocery Store, Flora Family Pharmacy and Eckerty Auto Services & Repair. Residents can visit the town's museum or ride the historic Wabash Cannonball train for recreational activities. In addition, Flora has several parks including Farmer's Park, which offers baseball diamonds, playgrounds and grills.

Flora has an unemployment rate of 3.8%. The US average is 6.0%.

Flora has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.

Tax Rates for Flora
- The Sales Tax Rate for Flora is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Flora is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Flora
- The average income of a Flora resident is $19,518 a year. The US average is $28,555 a year.
- The Median household income of a Flora resident is $49,044 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFlora, IndianaUnited States
  3.86
  -7.4%-6.2%
  33.9%33.5%
  7.0%6.2%
  5.3%4.6%
  $28,169$37,638
  $49,044$69,021
  $62,031$85,028
  Population by Occupation
  2.1%1.2%
  0.0%0.5%
  7.6%6.8%
  26.9%10.0%
  0.0%2.5%
  13.3%11.0%
  5.3%4.8%
  1.9%0.8%
  0.5%1.9%
  0.9%4.7%
  0.6%1.9%
  1.3%7.6%
  0.0%0.1%
  3.2%4.2%
  3.3%9.3%
  16.7%14.0%
  0.0%2.1%
  8.7%7.0%
  3.6%4.8%
  4.2%4.7%
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