Austin, IN is a small community located in Scott County of Indiana. The cost of living in the town is quite affordable with two bedroom rent standing at $840 compared to the US average of $1,430. Additionally, grocery costs index stands at 92 versus 100 for the US. This makes Austin an attractive place to call home for young families and retirees alike. There are several companies located here such as Austin Wood Products Corporation, Earl’s Plumbing Service Inc., and Jim’s Automotive Repair Service Inc. With its rural charm and friendly atmosphere it's no surprise that Austin is regularly listed among the best places to live in Indiana due to its low crime rate and great public schools.
Austin has an unemployment rate of 4.9%. The US average is 6.0%.
Austin has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 34.1%, which is higher than the US average of 33.5%.
Tax Rates for Austin
- The Sales Tax Rate for Austin is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Austin 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 Austin
- The average income of a Austin resident is $17,285 a year. The US average is $37,638 a year.
- The Median household income of a Austin resident is $27,008 a year. The US average is $69,021 a year.