Wynnedale, IN is a small town located in the Central Midwest of the United States. It is known for its low cost of living, with two bedroom rents costing $1,150 compared to the US average of $1,430 and Grocery Cost Index 95 versus 100 in the US. The town's local economy is thriving due to many small businesses that call Wynnedale home, including a specialty coffee shop called 'The Bean', a farm-to-table restaurant called 'The Farm Table', and an antique store called 'The Collectors'. Residents enjoy living in Wynnedale because it has all the amenities of a big city without the hustle and bustle.
Wynnedale has an unemployment rate of 5.6%. The US average is 6.0%.
Wynnedale 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 Wynnedale
- The Sales Tax Rate for Wynnedale is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wynnedale 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 Wynnedale
- The average income of a Wynnedale resident is $76,503 a year. The US average is $28,555 a year.
- The Median household income of a Wynnedale resident is $116,250 a year. The US average is $69,021 a year.