Beech Grove, IN is a small city located in Marion County. It has a population of 14,067 and offers a variety of amenities for its residents. The average rent for a two bedroom apartment is $960, which is much lower than the national average of $1,430. The cost of living index for Beech Grove is 93 compared to 100 in the US.
Beech Grove offers many local businesses such as Speedway, Kroger grocery store, Hobby Lobby, Applebee's and Target. There are also several small businesses throughout the town that make up its diverse economy. With its low cost of living and variety of businesses, Beech Grove is an ideal place to live for all types of people.
Beech Grove has an unemployment rate of 5.6%. The US average is 6.0%.
Beech Grove has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Beech Grove
- The Sales Tax Rate for Beech Grove is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Beech Grove is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Beech Grove
- The average income of a Beech Grove resident is $19,864 a year. The US average is $28,555 a year.
- The Median household income of a Beech Grove resident is $45,345 a year. The US average is $69,021 a year.