Schneider, IN Economy


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Schneider, IN is a small town situated in Lake County. It is a great place to live with affordable rent prices and lower costs of living compared to the US average. Residents can enjoy many local businesses and amenities such as the Schneider General Store, the Corner Café, and Sweet T’s Bakery. There are also plenty of outdoor activities like hiking trails at Crystal Lake Park or fishing on Cedar Creek. Schneider provides residents with all they need as well as an excellent quality of life that won't break the bank.

Schneider has an unemployment rate of 7.6%. The US average is 6.0%.

Schneider 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 28.5%, which is lower than the US average of 33.5%.

Tax Rates for Schneider
- The Sales Tax Rate for Schneider is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Schneider is 3.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Schneider
- The average income of a Schneider resident is $18,689 a year. The US average is $28,555 a year.
- The Median household income of a Schneider resident is $65,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySchneider, IndianaUnited States
  7.66
  -7.1%-6.2%
  28.5%33.5%
  7.0%6.2%
  4.7%4.6%
  $20,517$37,638
  $65,000$69,021
  $68,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.5%6.8%
  25.0%10.0%
  2.8%2.5%
  9.7%11.0%
  5.6%4.8%
  0.0%0.8%
  4.2%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  12.5%4.2%
  1.4%9.3%
  9.7%14.0%
  1.4%2.1%
  8.3%7.0%
  4.2%4.8%
  2.8%4.7%
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