Mooreland, IN Economy


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Mooreland, IN is a small town in Indiana with a population of about 2,000 people. It is known for its affordable rent compared to other cities in the United States as two bedroom rent averages $890. Mooreland also has lower costs of essentials, such as groceries, than the national average. Some popular local companies include Sheets Carpet & Flooring which specializes in flooring installations, and Joe Smith's Garage which offers auto-repair services. There are also a variety of unique restaurants and small business that make up the charming town of Mooreland.

Mooreland has an unemployment rate of 4.3%. The US average is 6.0%.

Mooreland has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.

Tax Rates for Mooreland
- The Sales Tax Rate for Mooreland is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mooreland 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 Mooreland
- The average income of a Mooreland resident is $16,355 a year. The US average is $28,555 a year.
- The Median household income of a Mooreland resident is $52,604 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMooreland, IndianaUnited States
  4.36
  -4.9%-6.2%
  35.5%33.5%
  7.0%6.2%
  4.7%4.6%
  $21,127$37,638
  $52,604$69,021
  $47,500$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  14.7%6.8%
  7.1%10.0%
  1.2%2.5%
  22.4%11.0%
  4.1%4.8%
  1.2%0.8%
  1.8%1.9%
  1.2%4.7%
  0.6%1.9%
  15.3%7.6%
  0.0%0.1%
  1.2%4.2%
  4.1%9.3%
  9.4%14.0%
  0.0%2.1%
  3.5%7.0%
  6.5%4.8%
  5.9%4.7%
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