Edwardsport, IN Economy


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Edwardsport, IN is an affordable midwestern town with a population of around 400 people. The median 2 Bedroom rent in Edwardsport is $840, much more affordable than the US 2 Bedroom median rent price of $1,430. Further, the Grocery Cost Index in Edwardsport is 89 versus 100 in the US. This makes it an excellent place for those looking to save on cost of living expenses and yet still enjoy small town life. Local businesses in Edwardsport include the Edwardsport Grocery Store, Krempels Auto Repair, and Anderson & Sons Flooring.

Edwardsport has an unemployment rate of 3.8%. The US average is 6.0%.

Edwardsport has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Edwardsport
- The Sales Tax Rate for Edwardsport is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Edwardsport is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Edwardsport
- The average income of a Edwardsport resident is $24,169 a year. The US average is $37,638 a year.
- The Median household income of a Edwardsport resident is $52,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEdwardsport, IndianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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