New Goshen, IN Economy


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New Goshen, IN is a great place to call home for many reasons. Not only is rent significantly cheaper than the US national average, but the cost of groceries is also lower than the rest of the country. The city has plenty of local companies offering quality goods and services like RKM Real Estate, The Great Outdoors Superstore, and Sprague's Bakery. There are also plenty of great attractions in the area like Smith Park, Wild Bear Emporium, and Buffalo Creek Wildlife Refuge. Whether you're looking for a job or just a fun experience, New Goshen has everything you need!

New Goshen has an unemployment rate of 5.6%. The US average is 6.0%.

New Goshen 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 28.1%, which is lower than the US average of 33.5%.

Tax Rates for New Goshen
- The Sales Tax Rate for New Goshen is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Goshen 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 New Goshen
- The average income of a New Goshen resident is $28,581 a year. The US average is $28,555 a year.
- The Median household income of a New Goshen resident is $65,868 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Goshen, IndianaUnited States
  5.66
  -5.8%-6.2%
  28.1%33.5%
  7.0%6.2%
  4.5%4.6%
  $31,008$37,638
  $65,868$69,021
  $67,049$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  22.1%6.8%
  11.1%10.0%
  0.0%2.5%
  3.4%11.0%
  5.8%4.8%
  0.0%0.8%
  0.0%1.9%
  6.3%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  23.1%14.0%
  0.0%2.1%
  0.0%7.0%
  6.3%4.8%
  22.1%4.7%
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