Carthage, IN is a small town located in Indiana. Despite its small size, it has a few local companies such as Carthage Motors and U.S. Foods that provide employment opportunities for residents. The cost of living in Carthage, IN is quite affordable; 2 bedroom rent averages $940 compared to the U.S average of $1430 and groceries are also cheaper with an index score of 92 versus 100 in the US. All in all, if you’re looking for an affordable town with decent job prospects, then Carthage may be the perfect destination for you.
Carthage has an unemployment rate of 4.0%. The US average is 6.0%.
Carthage has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 31.8%, which is lower than the US average of 33.5%.
Tax Rates for Carthage
- The Sales Tax Rate for Carthage is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Carthage is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Carthage
- The average income of a Carthage resident is $16,617 a year. The US average is $37,638 a year.
- The Median household income of a Carthage resident is $33,920 a year. The US average is $69,021 a year.