Greentown, IN Economy


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Greentown, IN is a small but thriving city located in the midwest. Home to just under 4,000 people, Greentown offers a high quality of life with its strong economy and affordable cost of living. 2 bedroom rental costs are significantly lower than the US average at $970 per month. The Grocery Cost Index is also lower than the US average at 94 - making it easy to get more bang for your buck when grocery shopping.
Greentown is home to many local businesses that cater to all kinds of needs and interests. Popular companies include Greentown Motors, Greentown Veterinary Clinic, and Greentown Pizzeria. With its strong economy and low cost of living, Greentown is an incredibly affordable place to live.

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

Greentown has seen the job market increase by 4.9% over the last year. Future job growth over the next ten years is predicted to be 42.3%, which is higher than the US average of 33.5%.

Tax Rates for Greentown
- The Sales Tax Rate for Greentown is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Greentown 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 Greentown
- The average income of a Greentown resident is $19,909 a year. The US average is $28,555 a year.
- The Median household income of a Greentown resident is $49,735 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreentown, IndianaUnited States
  66
  -6.0%-6.2%
  42.3%33.5%
  7.0%6.2%
  5.0%4.6%
  $29,462$37,638
  $49,735$69,021
  $63,000$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  2.5%6.8%
  19.0%10.0%
  1.0%2.5%
  11.1%11.0%
  6.0%4.8%
  0.7%0.8%
  0.5%1.9%
  2.3%4.7%
  3.4%1.9%
  2.2%7.6%
  0.4%0.1%
  2.1%4.2%
  9.3%9.3%
  21.7%14.0%
  0.0%2.1%
  9.2%7.0%
  4.2%4.8%
  3.6%4.7%
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