North Manchester, IN is a small city in Indiana that offers a lower cost of living compared to the rest of the United States. The average two bedroom rent is $930 which is significantly lower than the US average of $1,430. Additionally, grocery costs are about 93 on North Manchester's index versus 100 in the US. This makes moving to North Manchester an attractive option for those looking for a more affordable lifestyle. There are also many local companies such as Healy Electric Company Inc., Indiana Precision Grinding, Ofco Inc., and Wabash Valley Power Association that offer services and employment opportunities for residents. All in all, North Manchester's low price tag can give its residents peace of mind knowing that their finances are secure.
North Manchester has an unemployment rate of 3.8%. The US average is 6.0%.
North Manchester has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for North Manchester
- The Sales Tax Rate for North Manchester is 7.0%. The US average is 7.3%.
- The Income Tax Rate for North Manchester is 6.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for North Manchester
- The average income of a North Manchester resident is $18,498 a year. The US average is $28,555 a year.
- The Median household income of a North Manchester resident is $60,745 a year. The US average is $69,021 a year.