New Point, IN is a small town located in the Midwest region of the United States. It is an ideal place to live for those looking for a quiet and affordable lifestyle. The average 2 bedroom rent in New Point is $1,020 which is significantly lower than the US average of $1,430. Additionally, grocery costs are lower in New Point as well with an index score of 93 compared to the US index of 100. This makes living more affordable for families and individuals alike.
New Point is home to many local businesses such as Harvey's Chocolate Factory, Green Valley Golf Course, and Full Moon Cafe. Harvey's Chocolate Factory offers delicious homemade chocolates and treats made with locally sourced ingredients. Green Valley Golf Course attracts golfers from all over the region with its stunning views and wide selection of courses designed by top professionals. Lastly, Full Moon Cafe offers delicious American cuisine at reasonable prices that are sure to satisfy any craving.
New Point has an unemployment rate of 3.9%. The US average is 6.0%.
New Point has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for New Point
- The Sales Tax Rate for New Point is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Point is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Point
- The average income of a New Point resident is $16,528 a year. The US average is $28,555 a year.
- The Median household income of a New Point resident is $50,179 a year. The US average is $69,021 a year.