Kentland, IN is a small city located in Newton County. It has a population of just under 4,000 people and is known for its rural atmosphere. The cost of living in Kentland is very affordable compared to other cities in the US. For example, a two bedroom rental costs $830 per month while the same rental would cost $1430 per month on average throughout the US. Additionally, groceries are about 10% cheaper in Kentland than the national average. Local companies in Kentland include Kentland Enterprises which provides trucking services and Stan's Auto Parts which specializes in automotive parts and accessories. All in all, Kentland offers its residents an affordable cost of living and plenty of local businesses to support their needs.
Kentland has an unemployment rate of 5.0%. The US average is 6.0%.
Kentland has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Kentland
- The Sales Tax Rate for Kentland is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Kentland is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Kentland
- The average income of a Kentland resident is $19,434 a year. The US average is $28,555 a year.
- The Median household income of a Kentland resident is $51,326 a year. The US average is $69,021 a year.