Huntington, IN is a small city located in Northern Indiana. The city offers an affordable cost of living with 2 bedroom rents averaging $870 compared to the US average of $1,430. Additionally, the grocery cost index in Huntington is 90 compared to 100 in the US. Residents enjoy living here due to its easy access to amenities and local businesses. Major employers include Do It Best Corp, which provides hardware services throughout the Midwest; Jones Pet & Livestock Supply Co., Inc., a pet supply distributor; and Steel Dynamics Inc., one of America’s largest steel producers. There are also smaller business such as banks, restaurants, and retail stores that provide employment opportunities to the citizens of Huntington.
Huntington has an unemployment rate of 3.8%. The US average is 6.0%.
Huntington has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for Huntington
- The Sales Tax Rate for Huntington is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Huntington 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 Huntington
- The average income of a Huntington resident is $19,530 a year. The US average is $28,555 a year.
- The Median household income of a Huntington resident is $47,232 a year. The US average is $69,021 a year.