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Coalmont, IN Economy
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United States
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Indiana
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Terre Haute Metro Area
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Clay County
/ Coalmont /
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Coalmont, IN is a rural town located in Indiana. It is a growing community with many local businesses such as Coalmont Community Center, The Junction Natural Foods, Iron Horse Outfitters, and more. The cost of living in Coalmont is quite low as evidenced by the average two bedroom rent being only $790 compared to the US average of $1,430. Groceries are also much cheaper here with the cost index being 90 compared to 100 in the US. This makes it an ideal place for families and individuals looking for an inexpensive place to live.
Income by Population Percent
Economy
Coalmont, Indiana
United States
Unemployment Rate
4.8
6
Recent Job Growth
-5.9%
-6.2%
Future Job Growth
26.8%
33.5%
Sales Taxes
7.0%
6.2%
Income Tax
5.5%
4.6%
Income per Cap.
$29,091
$37,638
Household Income
69021
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