Spring Hill, IN is a small city located in the western part of Indiana. It offers a variety of amenities and attractions for its residents, including numerous parks, a vibrant downtown area, and multiple local companies. The cost of living is quite reasonable in the area; for example, rent for a two-bedroom unit averages at around $1,150 per month compared to the U.S. average of $1,430. Additionally, the grocery cost index in Spring Hill is 95 compared to 100 nationwide. Popular local corporations in Spring Hill include Speedway LLC and Hahn Automotive Warehouse Inc., which offer competitive salaries to their employees. All together, these factors make Spring Hill an attractive option for those looking for affordable housing and job options alike.
Spring Hill has an unemployment rate of 5.6%. The US average is 6.0%.
Spring Hill has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Spring Hill
- The Sales Tax Rate for Spring Hill is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Spring Hill is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Spring Hill
- The average income of a Spring Hill resident is $105,713 a year. The US average is $28,555 a year.
- The Median household income of a Spring Hill resident is $120,000 a year. The US average is $69,021 a year.