Spiceland, IN is a great place to live and work. The cost of rent for a two-bedroom apartment in Spiceland is relatively low at $840 per month compared to the US average of $1,430. In addition, groceries are cheaper with the Grocery Cost Index being 92 versus the national average of 100. Local businesses and attractions in Spiceland include The Palace Theater, Nature's Way Bistro & Juice Bar, and the local museum housed in a historic home built in 1888. Other attractions include nearby Mounds State Park and Historic Corydon which offers unique restaurants and shops along its cobblestone streets. With its attractive price points on living expenses and numerous attractions, Spiceland is an ideal place to call home.
Spiceland has an unemployment rate of 4.3%. The US average is 6.0%.
Spiceland has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.
Tax Rates for Spiceland
- The Sales Tax Rate for Spiceland is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Spiceland is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Spiceland
- The average income of a Spiceland resident is $19,268 a year. The US average is $28,555 a year.
- The Median household income of a Spiceland resident is $56,528 a year. The US average is $69,021 a year.