Dana, IN is a small town located in Indiana with a population of around 1,000 people. It is known for its pleasant atmosphere and close-knit community feel. Local businesses include stores such as Stop & Shop Grocery, Carnegie's Restaurant and Pub, Stratton Motors and H & R Tire & Auto Repair. The cost of living in Dana is considerably lower than the US average; for example, the average rent for a 2 bedroom apartment is $830 compared to the US average of $1,430. Furthermore, grocery prices are 91 on the index versus 100 in the US. This makes it an attractive place to live for those looking for affordable housing options and lower day to day expenses.
Dana has an unemployment rate of 5.7%. The US average is 6.0%.
Dana has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Dana
- The Sales Tax Rate for Dana is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Dana is 3.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Dana
- The average income of a Dana resident is $18,082 a year. The US average is $28,555 a year.
- The Median household income of a Dana resident is $45,915 a year. The US average is $69,021 a year.