Lynn, IN is a small town located in Randolph County. The residents of Lynn enjoy close proximity to convenience stores such as Dollar General and Walmart Supercenter. Two bedroom rent in Lynn, IN is significantly lower than the US average at $830 per month, making it an attractive option for those looking to save a few extra dollars while living comfortably. Furthermore, the Grocery Cost Index in Lynn is 90 compared to the US average of 100. This indicates that groceries can be bought at a cheaper price than the national average. With these attractive factors to consider, Lynn offers a great place to live for individuals or families looking for a safe and affordable place to call home.
Lynn has an unemployment rate of 4.6%. The US average is 6.0%.
Lynn has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 9.6%, which is lower than the US average of 33.5%.
Tax Rates for Lynn
- The Sales Tax Rate for Lynn is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lynn is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lynn
- The average income of a Lynn resident is $18,253 a year. The US average is $28,555 a year.
- The Median household income of a Lynn resident is $49,808 a year. The US average is $69,021 a year.