Advance, IN is a small town located in northwest Indiana. It is known for its affordability and close-knit community atmosphere. The cost of living here is quite low, with the average two bedroom rent at just $1,170 compared to the US average of $1,430. Grocery costs are also lower than the national average, with an index of 96 versus 100 in the US. There are several local companies and attractions that give Advance it's unique charm, such as Diggins Farm Produce which sells fresh fruits and vegetables grown on their own farm. Another popular attraction is the Crossroads Corn Maze which offers seasonal entertainment activities such as hayrides and pumpkin picking. For those looking for a more leisurely activity, there are many beautiful parks within a short drive from Advance including Oak Hill Park and McCloskey Park.
Advance has an unemployment rate of 3.1%. The US average is 6.0%.
Advance has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 41.9%, which is higher than the US average of 33.5%.
Tax Rates for Advance
- The Sales Tax Rate for Advance is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Advance is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Advance
- The average income of a Advance resident is $19,568 a year. The US average is $28,555 a year.
- The Median household income of a Advance resident is $56,667 a year. The US average is $69,021 a year.