Swayzee, IN is a small town in Grant County that offers its residents an affordable lifestyle and access to local amenities. It has a population of around 1,500 people and is known for having low crime rates and good schools. Local companies such as Swayzee Hardware, Swayzee Automotive, and JB's Pizzeria provide the community with goods and services. The town features an average 2 bedroom rent at $810 compared to the US average of $1430, making it much more affordable than other comparable areas. Additionally, grocery costs are 92 on the index versus 100 in US cities. This makes groceries more budget friendly than elsewhere. All of these benefits contribute to making Swayzee a great place for those looking for a low cost of living with plenty of small town charm.
Swayzee has an unemployment rate of 4.4%. The US average is 6.0%.
Swayzee has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Swayzee
- The Sales Tax Rate for Swayzee is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Swayzee is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Swayzee
- The average income of a Swayzee resident is $21,872 a year. The US average is $28,555 a year.
- The Median household income of a Swayzee resident is $58,403 a year. The US average is $69,021 a year.