New Pekin, IN is a charming small town located in Washington County. The area is known for its beautiful natural scenery, including rolling hills and lush forests. Many local businesses have been established to serve the community, such as J & J Grocery, Miller's Auto Repair and Williams Appliance Store. Rent on a two-bedroom apartment in New Pekin is significantly less than the national average at $890 per month. The grocery cost index in New Pekin is also lower than the national average at 96 versus 100 in the US, making it an affordable place to live. There are many outdoor activities available for residents of the area such as hiking along nature trails or fishing in nearby lakes and rivers. New Pekin provides a great quality of life to those who call it home.
New Pekin has an unemployment rate of 4.5%. The US average is 6.0%.
New Pekin 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 32.1%, which is lower than the US average of 33.5%.
Tax Rates for New Pekin
- The Sales Tax Rate for New Pekin is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Pekin 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 New Pekin
- The average income of a New Pekin resident is $15,580 a year. The US average is $28,555 a year.
- The Median household income of a New Pekin resident is $44,853 a year. The US average is $69,021 a year.