Avoca, IN is a charming small town located in Indiana. It has a low cost of living, with 2 bedroom rent costing only $1,020 compared to the US average at $1,430. The cost of groceries in Avoca is also much lower than the US average, with an index score of 93 versus 100 nationally. It is the perfect place to settle down and start a family. Local companies include Avoca Lumber Company, Avoca Hardware Store, and Avon Cleaners. With all these amenities and a low cost of living, Avoca is sure to be an attractive destination for many looking for a peaceful place to settle down.
Avoca has an unemployment rate of 4.7%. The US average is 6.0%.
Avoca has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Avoca
- The Sales Tax Rate for Avoca is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Avoca 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 Avoca
- The average income of a Avoca resident is $24,043 a year. The US average is $28,555 a year.
- The Median household income of a Avoca resident is $65,795 a year. The US average is $69,021 a year.