Saratoga, IN is a small town with an affordable cost of living. 2 bedroom rent in Saratoga is $720 compared to the US rental price of $1,430. Grocery costs in Saratoga are also low with an index score of 89 compared to the US score of 100. The town has plenty of amenities for residents and visitors alike. Local companies include restaurants such as Bistro on Main Street and Big Apple Eatery, a pharmacy called Anthony's Pharmacy, and a variety of shops including K & S Boutique. There are also parks for outdoor activities, such as Royal Ridge Park which features walking trails, playgrounds and picnic areas. Residents can take part in local events such as the annual corn festival that takes place every July. Saratoga offers something for everyone while remaining more affordable than many other towns in the area.
Saratoga has an unemployment rate of 4.6%. The US average is 6.0%.
Saratoga has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 9.6%, which is lower than the US average of 33.5%.
Tax Rates for Saratoga
- The Sales Tax Rate for Saratoga is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Saratoga 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 Saratoga
- The average income of a Saratoga resident is $13,108 a year. The US average is $28,555 a year.
- The Median household income of a Saratoga resident is $38,958 a year. The US average is $69,021 a year.