South Bend, IN is an excellent place to live and work with various local attractions and businesses. The 2 bedroom rent in South Bend is slightly lower than the US average at $1,110 per month while grocery cost index is lower at 90 compared to the US rate of 100. Some of the notable local attractions and companies include The South Bend Chocolate Company, Four Winds Casino Resort, The University of Notre Dame, St. Joseph River Walk & Park, as well as The Art Museum of South Bend. Residents can enjoy all these attractions while living in a convenient area with affordable rates.
South Bend has an unemployment rate of 6.9%. The US average is 6.0%.
South Bend has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 36.0%, which is higher than the US average of 33.5%.
Tax Rates for South Bend
- The Sales Tax Rate for South Bend is 7.0%. The US average is 7.3%.
- The Income Tax Rate for South Bend is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for South Bend
- The average income of a South Bend resident is $19,818 a year. The US average is $28,555 a year.
- The Median household income of a South Bend resident is $46,002 a year. The US average is $69,021 a year.