Geneva, IN is a small town located in Adams County. The city is home to several local businesses, including Faber Brothers Grocery, Geneva Auto Repair & Exhaust Systems, and Fishers Sportsman Club. The cost of living in Geneva is quite reasonable when compared to the US average. For example, the average two bedroom rent is $840 compared to the US average of $1,430. Additionally, the grocery cost index in Geneva stands at 91 versus 100 for the US as a whole. This makes Geneva an attractive place for people looking for more affordable living costs without compromising on quality of life.
Geneva has an unemployment rate of 3.0%. The US average is 6.0%.
Geneva has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.
Tax Rates for Geneva
- The Sales Tax Rate for Geneva is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Geneva is 4.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Geneva
- The average income of a Geneva resident is $24,735 a year. The US average is $37,638 a year.
- The Median household income of a Geneva resident is $55,750 a year. The US average is $69,021 a year.