Westport, IN Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Westport, IN is a small town located in the Midwest. It is known for its low costs of living, with 2 bedroom rentals costing an average of $960 per month and grocery items costing 93 out of 100 in comparison to the US index. This makes Westport very attractive for those looking to save money on housing and food expenses. There are many local businesses that make up this vibrant community, including Yoder's Country Market, Honey Creek Hardware, Schlabach Bakery & Deli and Joe's Quick Mart. These companies contribute greatly to Westport's character and charm, while simultaneously helping maintain affordability for the people who live there. With the cost of living lower than the national average, Westport remains a great place to call home!

Westport has an unemployment rate of 3.9%. The US average is 6.0%.

Westport has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.

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

Income and Salaries for Westport
- The average income of a Westport resident is $18,945 a year. The US average is $28,555 a year.
- The Median household income of a Westport resident is $38,162 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWestport, IndianaUnited States
  3.96
  -8.2%-6.2%
  35.6%33.5%
  7.0%6.2%
  5.6%4.6%
  $27,594$37,638
  $38,162$69,021
  $66,071$85,028
  Population by Occupation
  0.0%1.2%
  1.3%0.5%
  6.7%6.8%
  32.4%10.0%
  0.0%2.5%
  10.3%11.0%
  2.8%4.8%
  1.0%0.8%
  0.0%1.9%
  2.0%4.7%
  1.2%1.9%
  0.0%7.6%
  0.0%0.1%
  2.2%4.2%
  8.7%9.3%
  13.0%14.0%
  1.8%2.1%
  5.8%7.0%
  6.2%4.8%
  4.7%4.7%
Health
Compare Westport, IN
cost of living
Compare food, housing, utilities, and more in Westport, Indiana to any other city in the US.