Santa Claus, IN Economy


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United States / Indiana / No Metro Area / Spencer County / Santa Claus / Zip Codes
Santa Claus, IN is a small town located in the Southern part of Indiana. It is known for its holiday tourist attractions like Holiday World and Splashing Safari which bring in thousands of visitors each year. The population is relatively small, however it still houses a variety of local businesses including Santa's Candy Castle, Santa's Stables, and Santa's Workshop. Santa Claus is an ideal place to live due to its low cost of living compared to other cities in the US. Rent for two bedroom apartments can be found for as low as $840 per month while the US average for two bedrooms is around $1,430 per month. Additionally, the grocery cost index in the area ranks at 95 compared to 100 in the US on average. Therefore, Santa Claus offers residents a great place to live with more value for their money than elsewhere.

Santa Claus has an unemployment rate of 4.3%. The US average is 6.0%.

Santa Claus has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.

Tax Rates for Santa Claus
- The Sales Tax Rate for Santa Claus is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Santa Claus is 4.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Santa Claus
- The average income of a Santa Claus resident is $31,061 a year. The US average is $28,555 a year.
- The Median household income of a Santa Claus resident is $89,318 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySanta Claus, IndianaUnited States
  4.36
  -7.3%-6.2%
  26.2%33.5%
  7.0%6.2%
  4.0%4.6%
  $42,193$37,638
  $89,318$69,021
  $105,250$85,028
  Population by Occupation
  1.5%1.2%
  0.6%0.5%
  4.1%6.8%
  26.0%10.0%
  2.2%2.5%
  5.9%11.0%
  3.3%4.8%
  1.4%0.8%
  0.0%1.9%
  4.1%4.7%
  1.6%1.9%
  4.9%7.6%
  0.0%0.1%
  0.7%4.2%
  11.2%9.3%
  13.2%14.0%
  4.1%2.1%
  2.1%7.0%
  7.2%4.8%
  5.8%4.7%
Reviews for Santa Claus
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Over 17 years ago

They have an amusement park there that offers free soft drinks all day long. Just stop at one of the little stations and fill up your cup, which is also free. The name  More

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