Fountain City, IN is a small city located near many larger cities, providing residents with convenient access to amenities and local businesses. The cost of renting a two-bedroom apartment in Fountain City is significantly lower than the US average, at $810 per month. Grocery prices are also comparatively lower here, as the grocery cost index is 92 as opposed to 100 in the US. As far as local businesses go, there are plenty of nearby options in the surrounding cities. For instance, Roanoke Carpet Shop is located 15 miles away in Roanoke, while Williamson IT Solutions can be found 20 miles away in Williamson. Additionally, there are numerous restaurants and retailers within easy driving distance from Fountain City.
Fountain City has an unemployment rate of 4.7%. The US average is 6.0%.
Fountain City has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Fountain City
- The Sales Tax Rate for Fountain City is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fountain City 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 Fountain City
- The average income of a Fountain City resident is $18,313 a year. The US average is $28,555 a year.
- The Median household income of a Fountain City resident is $44,000 a year. The US average is $69,021 a year.