Larwill, IN is a small town with a population of about 500. Located in Whitley County, it is a great place to live for those who want an affordable cost of living and access to many outdoor activities. The 2 Bedroom Rent in Larwill is much lower than the US average at $1,030 compared to $1,430, making it more attractive to potential renters. Additionally, the Grocery Cost Index in Larwill is 93 versus 100 in the US, making groceries more affordable for locals as well. There are plenty of local businesses and attractions that make Larwill shine including Whitley Cab Company offering rides around town and local eateries like Blondie’s Café serving classic American food. There are also plenty of outdoor activities such as fishing at Zimmers Pond Park or hiking at Middlefork Reservoir State Nature Preserve. All these factors make Larwill an ideal place to live for those who are looking for an affordable cost of living and easy access to lots of outdoor activities.
Larwill has an unemployment rate of 3.5%. The US average is 6.0%.
Larwill has seen the job market increase by 2.6% 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 Larwill
- The Sales Tax Rate for Larwill is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Larwill 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 Larwill
- The average income of a Larwill resident is $14,204 a year. The US average is $28,555 a year.
- The Median household income of a Larwill resident is $56,563 a year. The US average is $69,021 a year.