Galena, IN is a small town located in the Midwest region of the United States. It is known for its beautiful landscape and desirable quality of life. The average rent for a two-bedroom apartment in Galena is $1,100, which is significantly lower than the U.S. average of $1,430. Additionally, the grocery cost index in Galena is 100 versus 100 in the U.S., meaning that groceries cost exactly the same here as they do nationwide. Many local businesses call Galena home, such as Zimmer Manufacturing Company, Krieg Family Farms LLC, D & L Trucking Inc., and Sullivan Heating & Air Conditioning Co., Inc.. All in all, Galena offers an affordable living option with plentiful opportunities to thrive economically.
Galena has an unemployment rate of 3.9%. The US average is 6.0%.
Galena has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.
Tax Rates for Galena
- The Sales Tax Rate for Galena is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Galena is 4.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Galena
- The average income of a Galena resident is $43,260 a year. The US average is $37,638 a year.
- The Median household income of a Galena resident is $87,083 a year. The US average is $69,021 a year.