Brazil, IN is a small town located in the state of Indiana. It has a population of around 8,000 people and is known for its picturesque landscapes, city parks, and friendly atmosphere. The average two-bedroom rent in Brazil is $840 per month, while the US average is $1,430 - making it an affordable place to live. The grocery cost index in Brazil is 92 compared to 100 in the US.
The area offers many attractions for residents including Bear's Mill which was built in 1849 by George Adams and still operates today as a working grist mill. There are also several hiking trails and other outdoor activities such as fishing available at nearby parks like Linton Lake Park and Greene Sullivan State Forest Park. Local businesses include Green Street Interiors, Parisi Coffee Company, and Queen City Pizza & Pub.
Brazil has an unemployment rate of 4.8%. The US average is 6.0%.
Brazil has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Brazil
- The Sales Tax Rate for Brazil is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Brazil is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Brazil
- The average income of a Brazil resident is $23,810 a year. The US average is $37,638 a year.
- The Median household income of a Brazil resident is $46,014 a year. The US average is $69,021 a year.