Cromwell, IN is an ideal place to live for those who want the convenience of small town living with close proximity to larger cities. The average two bedroom rent in Cromwell is just $850 compared to the US average of $1,430, making it a great choice when considering affordability. Additionally, Cromwell has a lower than average grocery cost index at 92 versus the national average of 100. Companies in Cromwell include Cromwell Market, which offers fresh produce and other local goods; The Garden Station which provides landscaping services; and local restaurants like Little Italy Pizza and Goody's Café offering delicious food. With all these great businesses, Cromwell is a great place for people looking for affordable living and convenience.
Cromwell has an unemployment rate of 4.2%. The US average is 6.0%.
Cromwell has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Cromwell
- The Sales Tax Rate for Cromwell is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cromwell 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 Cromwell
- The average income of a Cromwell resident is $17,082 a year. The US average is $28,555 a year.
- The Median household income of a Cromwell resident is $39,375 a year. The US average is $69,021 a year.