Americus, IN is a small town located in the state of Indiana. It has a population of around 1,000 people and is known for its low cost of living. The median 2 bedroom rental price in Americus is $1,070, which is nearly 25 percent lower than the US average of $1,430. Food costs are also more affordable than the rest of the country at a Grocery Cost Index Rating of 94 compared to 100 in the US. There are many local businesses that make up the economic backbone of Americus such as Kline Farm Equipment, County Line Realty, McCants Tire Service and Smith's Automotive Repair just to name a few. All these businesses contribute to making Americus an ideal place to live for those looking for an affordable lifestyle.
Americus has an unemployment rate of 4.1%. The US average is 6.0%.
Americus has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Americus
- The Sales Tax Rate for Americus is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Americus 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 Americus
- The average income of a Americus resident is $22,180 a year. The US average is $28,555 a year.
- The Median household income of a Americus resident is $130,956 a year. The US average is $69,021 a year.