Lanesville, IN is an affordable town with many opportunities for residents. The average two bedroom rent in this area is significantly lower than the national average at only $970 compared to $1,430. In addition, the Grocery Cost Index in Lanesville is slightly lower than the national average of 100, being 99. Residents of Lanesville can benefit from the lower cost of living while still having easy access to all that a city has to offer. Local companies include Lane Farms Farmers Market, Uebelhor & Sons Toyota, and Drayer Physical Therapy Institute. There are also several restaurants and entertainment venues to choose from.
Lanesville has an unemployment rate of 3.8%. The US average is 6.0%.
Lanesville 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 36.2%, which is higher than the US average of 33.5%.
Tax Rates for Lanesville
- The Sales Tax Rate for Lanesville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lanesville 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 Lanesville
- The average income of a Lanesville resident is $25,380 a year. The US average is $28,555 a year.
- The Median household income of a Lanesville resident is $86,711 a year. The US average is $69,021 a year.