Kennard, IN is a small town located in Hancock County. It is known for its friendly community and welcoming environment. Kennard offers many attractions, from historic landmarks to outdoor recreation areas. The cost of living in Kennard is below the national average due to the town's low rental prices and reasonable grocery costs. On average, two bedroom rent in Kennard is $810 compared to the US average which is $1,430. Additionally, Kennard has a grocery cost index of 91 versus 100 in the US.
Local businesses in Kennard include Countryside Cafe & Bakery, an old-fashioned bakery with delicious homemade treats and sandwiches; The Flower Pot Florist & Garden Shop, where customers can find beautiful fresh flowers and plants; and Hank’s Hardware Store – a family-owned store that provides all kinds of home repair items at great prices. With its low cost of living, small-town charm and friendly atmosphere, Kennard is an ideal place to call home.
Kennard has an unemployment rate of 4.3%. The US average is 6.0%.
Kennard has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.
Tax Rates for Kennard
- The Sales Tax Rate for Kennard is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Kennard 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 Kennard
- The average income of a Kennard resident is $13,446 a year. The US average is $28,555 a year.
- The Median household income of a Kennard resident is $55,000 a year. The US average is $69,021 a year.