Oldenburg, IN is a small town located in the Midwest with a population of around 2,500 people. The city boasts two bedroom rent that is much less than the US average at just $900 per month. This makes Oldenburg a great option for those looking to save money while still getting all the amenities of living in a midwestern town. The Grocery Cost Index in Oldenburg is also more affordable than other parts of the US, which helps its residents stretch their paycheck every month.
In terms of businesses and attractions, Oldenburg has several local companies that make it a great place to work or run your own business. Examples include Oldenburg Furniture & Appliance Company and John's Family Pharmacy. There are also plenty of fun activities to do around town such as The DNR Nature Center and The Community Park. Whether you're looking for an affordable place to live or just want to explore what Oldenburg has to offer, this small town has something for everyone!
Oldenburg has an unemployment rate of 4.1%. The US average is 6.0%.
Oldenburg has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.
Tax Rates for Oldenburg
- The Sales Tax Rate for Oldenburg is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Oldenburg 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 Oldenburg
- The average income of a Oldenburg resident is $21,545 a year. The US average is $28,555 a year.
- The Median household income of a Oldenburg resident is $66,071 a year. The US average is $69,021 a year.