Spurgeon, IN Economy


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Spurgeon, IN is a small town located in Ohio County. It's a charming rural community where people can relax and enjoy the peace and quiet of the countryside. The 2 Bedroom Rents in Spurgeon are much lower than the national average, making it an affordable place to live for those on a tight budget. The Grocery Cost Index in Spurgeon is also lower than the US average, meaning groceries are cheaper here as well. Some of the local businesses that can be found in Spurgeon include J&T Auto Parts, Spurgeon Café, and Haddox Tires & Supplies. All these businesses provide quality products and services to help keep the local economy going strong.

Spurgeon has an unemployment rate of 4.5%. The US average is 6.0%.

Spurgeon has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.

Tax Rates for Spurgeon
- The Sales Tax Rate for Spurgeon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Spurgeon is 3.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Spurgeon
- The average income of a Spurgeon resident is $22,441 a year. The US average is $28,555 a year.
- The Median household income of a Spurgeon resident is $53,571 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpurgeon, IndianaUnited States
  4.56
  -2.5%-6.2%
  30.3%33.5%
  7.0%6.2%
  4.0%4.6%
  $27,516$37,638
  $53,571$69,021
  $43,750$85,028
  Population by Occupation
  0.0%1.2%
  1.1%0.5%
  6.6%6.8%
  36.3%10.0%
  0.0%2.5%
  17.6%11.0%
  2.2%4.8%
  9.9%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  8.8%7.6%
  0.0%0.1%
  9.9%4.2%
  2.2%9.3%
  2.2%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  3.3%4.7%
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