Culver, IN Economy


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Culver, IN is an attractive place to live for families looking to save money. The average two bedroom rent in Culver is $760 per month which is only 53% of the US average two bedroom rent. Additionally, the Grocery Cost Index in Culver is 94 versus the US index of 100 indicating that food items are 6% cheaper than the national average. Families looking to move to Culver can enjoy a lower cost of living while still having access to major companies such as D&M Industries, Bremen Castings and Marshall County Electric Cooperative Inc. This could potentially save a family over $670 each month compared to the national average.

Culver has an unemployment rate of 4.0%. The US average is 6.0%.

Culver has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 21.9%, which is lower than the US average of 33.5%.

Tax Rates for Culver
- The Sales Tax Rate for Culver is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Culver is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Culver
- The average income of a Culver resident is $26,855 a year. The US average is $28,555 a year.
- The Median household income of a Culver resident is $34,315 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCulver, IndianaUnited States
  46
  -6.2%-6.2%
  21.9%33.5%
  7.0%6.2%
  4.5%4.6%
  $34,797$37,638
  $34,315$69,021
  $63,750$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  5.1%6.8%
  5.3%10.0%
  3.2%2.5%
  5.9%11.0%
  4.8%4.8%
  0.0%0.8%
  8.6%1.9%
  3.8%4.7%
  4.2%1.9%
  4.0%7.6%
  0.0%0.1%
  3.6%4.2%
  26.1%9.3%
  9.3%14.0%
  0.6%2.1%
  5.5%7.0%
  7.6%4.8%
  2.3%4.7%
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