Washington, IN is a great place to live for those looking to enjoy a peaceful and affordable lifestyle. The average two bedroom rent in Washington is only $860, which is significantly lower than the US average of $1,430. The grocery cost index in Washington is also 90 compared to 100 in the US providing another opportunity to save money. Local companies such as Anderson Automotive Group, King's Supermarket and Indiana Farm Bureau Insurance are just a few of the businesses that make the area unique and attractive for those seeking employment. With an overall low cost of living, Washington, IN provides its residents with ample opportunities to enjoy life while still saving money.
Washington has an unemployment rate of 3.0%. The US average is 6.0%.
Washington has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Washington
- The Sales Tax Rate for Washington is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Washington 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 Washington
- The average income of a Washington resident is $21,411 a year. The US average is $28,555 a year.
- The Median household income of a Washington resident is $44,622 a year. The US average is $69,021 a year.