Fort Branch, IN is a small town nestled in southwestern Indiana. It is home to around 2,500 people who enjoy a close-knit community atmosphere with easy access to nearby cities and metropolitan areas. Rent for a two-bedroom home in Fort Branch is significantly lower than the national average at just $760, making it more affordable for those looking to move away from expensive cities. Grocery costs are also lower here compared to other parts of the US, with an index score of 92 compared to 100 in the US.
The local economy is supported by businesses such as Fort Branch Foods, Gibson General Hospital, and Arbeiter Insurance Agency. There are also several family entertainment options such as Megaplex 8 Movie Theater and Clabber Girl Bakery & Café. Living in Fort Branch provides benefits not found in many other areas of the country including low cost of living without sacrificing access to entertainment or jobs. Those looking to move away from expensive cities while still enjoying many of the same amenities should consider Fort Branch as their next home.
Fort Branch has an unemployment rate of 3.4%. The US average is 6.0%.
Fort Branch has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Fort Branch
- The Sales Tax Rate for Fort Branch is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Branch 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 Fort Branch
- The average income of a Fort Branch resident is $25,702 a year. The US average is $28,555 a year.
- The Median household income of a Fort Branch resident is $63,277 a year. The US average is $69,021 a year.