Galveston, IN is a small community located in Indiana that offers a peaceful and affordable living experience with its low rental prices. The average 2 bedroom rent is $860, which is significantly lower than the national average of $1,430 for the same type of accommodation. Additionally, the Grocery Cost Index in Galveston is 93 versus 100 in the US, making it an even more attractive option for those who are looking for an affordable city to call home. Some local companies in Galveston include KFC-Galveston, Lamar's Donut Shop & Cafe, and McBride's Auto Sales. All of these businesses provide valuable services to the Galveston community and contribute to its economic vitality.
Galveston has an unemployment rate of 4.4%. The US average is 6.0%.
Galveston has seen the job market increase by 1.0% 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 Galveston
- The Sales Tax Rate for Galveston is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Galveston is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Galveston
- The average income of a Galveston resident is $24,053 a year. The US average is $28,555 a year.
- The Median household income of a Galveston resident is $49,456 a year. The US average is $69,021 a year.