Smithville-Sanders, IN Economy


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Smithville-Sanders, IN is a charming small town nestled in the heart of Indiana. The cost of living here is quite affordable; two bedroom apartments rent for about $1,210 per month while the national average is around $1,430. Prices at local grocery stores are also quite economical with an index of 98 versus 100 in the US. There are several local businesses that make Smithville-Sanders a vibrant place to live, including Sanders Hardware Store, Smithville Outfitters and Sanders Cafe. Smithville-Sanders is an excellent option for anyone looking for a low cost place to call home.

Smithville-Sanders has an unemployment rate of 4.1%. The US average is 6.0%.

Smithville-Sanders has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Smithville-Sanders
- The Sales Tax Rate for Smithville-Sanders is -214,682,627,300.0%. The US average is 7.3%.
- The Income Tax Rate for Smithville-Sanders is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Smithville-Sanders
- The average income of a Smithville-Sanders resident is $38,516 a year. The US average is $28,555 a year.
- The Median household income of a Smithville-Sanders resident is $91,433 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySmithville-Sanders, IndianaUnited States
  4.16
  -5.4%-6.2%
  24.2%33.5%
  7.0%6.2%
  4.6%4.6%
  $46,472$37,638
  $91,433$69,021
  $107,159$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.1%6.8%
  15.0%10.0%
  0.8%2.5%
  4.6%11.0%
  1.1%4.8%
  0.7%0.8%
  1.5%1.9%
  3.2%4.7%
  4.9%1.9%
  6.2%7.6%
  0.0%0.1%
  11.7%4.2%
  17.0%9.3%
  13.2%14.0%
  0.0%2.1%
  8.3%7.0%
  1.9%4.8%
  5.9%4.7%
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