New Salisbury, IN is a small town in southern Indiana. It is known for its affordability, with two bedroom rentals costing $1,300 compared to the US average of $1,430. Grocery costs in New Salisbury are also lower than the national average; the Grocery Cost Index stands at 97 versus 100 in the US. This makes New Salisbury an attractive option for those wanting to live on a budget. Local companies include Edwards's Family Farm which produces grain and cattle, and M&M Automotive Repair which provides quality auto repair services. New Salisbury is a great place to call home due to its affordability and close-knit community atmosphere.
New Salisbury has an unemployment rate of 3.8%. The US average is 6.0%.
New Salisbury 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 36.2%, which is higher than the US average of 33.5%.
Tax Rates for New Salisbury
- The Sales Tax Rate for New Salisbury is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Salisbury 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 New Salisbury
- The average income of a New Salisbury resident is $16,084 a year. The US average is $28,555 a year.
- The Median household income of a New Salisbury resident is $40,729 a year. The US average is $69,021 a year.