Russellville, IN is a great place to live for many. The rent for a 2 bedroom apartment in Russellville is only $890, which is significantly lower than the US average of $1,430. This makes it an attractive option for those looking to save money on rent. Additionally, Russellville has a Grocery Cost Index of 91 versus 100 in the US meaning groceries are relatively cheaper when compared to other areas in the country.
In addition to its affordability, Russellville also offers many activities and amenities that residents can enjoy. Local companies such as Town & Country Supermarket and Leininger's Carpet Service provide goods and services that are appreciated by all. Additionally, recreational activities like camping at nearby Lake Freeman or visiting Bicentennial Park make Russellville a fun place to live. Whether you're looking for savings or excitement, there's something for everyone in Russellville.
Russellville has an unemployment rate of 4.2%. The US average is 6.0%.
Russellville has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Russellville
- The Sales Tax Rate for Russellville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Russellville 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 Russellville
- The average income of a Russellville resident is $17,919 a year. The US average is $28,555 a year.
- The Median household income of a Russellville resident is $64,750 a year. The US average is $69,021 a year.