Monroeville, IN is an up-and-coming town with a relatively low cost of living. The two bedroom rental cost in Monroeville is about 58% of the national average. The Grocery Cost Index in this town is also lower than the national average, giving residents more buying power for their money. This small town is home to several local businesses such as ASW Electronics, Family Dollar and Ace Hardware. These companies bring jobs and economic development to the area, making it a great place to live and work.
Monroeville has an unemployment rate of 4.7%. The US average is 6.0%.
Monroeville has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.
Tax Rates for Monroeville
- The Sales Tax Rate for Monroeville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Monroeville 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 Monroeville
- The average income of a Monroeville resident is $19,403 a year. The US average is $28,555 a year.
- The Median household income of a Monroeville resident is $47,188 a year. The US average is $69,021 a year.