Fremont, IN is a small city located in northern Indiana with a population of around 8,000 people. The cost of living is relatively low in Fremont with the average 2 bedroom rent being $870 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Fremont is 95 compared to 100 in the US. Due to its lower costs and convenient location near larger cities like South Bend, Fort Wayne, and Chicago many people are choosing to move to this growing city. Popular local companies include Meijer Grocery Store and Walmart as well as attractions such as the Salamonie Reservoir and Red Bridge Park which offer an abundance of outdoor activities for residents and visitors alike.
Fremont has an unemployment rate of 3.7%. The US average is 6.0%.
Fremont has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Fremont
- The Sales Tax Rate for Fremont is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fremont is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fremont
- The average income of a Fremont resident is $19,982 a year. The US average is $28,555 a year.
- The Median household income of a Fremont resident is $44,856 a year. The US average is $69,021 a year.