Chesterton, IN is a small town in Porter County located on the southern tip of Lake Michigan. The town has a population of 13,068 people according to the 2019 census. It is known for its thriving business community with local companies like Chesterton Leather and Flooring, Chesterton Industrial Supply, and Lakeland Auto-Body. The 2 Bedroom Rent in Chesterton, IN is $1,110 which is much lower than the US 2 Bedroom Rent at $1,430.The Grocery Cost Index in Chesterton, IN is 96 versus 100 in the US which indicates that grocery costs are cheaper in Chesterton than across the United States as a whole.
Chesterton has an unemployment rate of 5.3%. The US average is 6.0%.
Chesterton has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Chesterton
- The Sales Tax Rate for Chesterton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Chesterton is 3.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Chesterton
- The average income of a Chesterton resident is $32,482 a year. The US average is $28,555 a year.
- The Median household income of a Chesterton resident is $86,098 a year. The US average is $69,021 a year.