Griffin, IN Economy


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Griffin, IN is a small Midwestern town located in the state of Indiana. Despite its small size, it provides an array of activities and events for its inhabitants. For those looking to rent in Griffin, IN the average two bedroom cost is $910 making it a much more affordable option than the US average which is $1,430. Furthermore the Grocery Cost Index in Griffin is 88 compared to 100 in the US. Companies and businesses active in Griffin include Grubb & Ellis Real Estate Services, Inc., Smart Storage Solutions LLC and The CoffeeShop at Donut Square Cafe. The city also offers plenty of opportunities for outdoor recreation such as camping at nearby Deam Lake State Park and golfing at Cascades Golf Course. In addition, culture enthusiasts can enjoy visiting local art galleries, museums and theaters for entertainment.

Griffin has an unemployment rate of 3.6%. The US average is 6.0%.

Griffin has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.

Tax Rates for Griffin
- The Sales Tax Rate for Griffin is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Griffin is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Griffin
- The average income of a Griffin resident is $23,984 a year. The US average is $37,638 a year.
- The Median household income of a Griffin resident is $51,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGriffin, IndianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Griffin
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Over 17 years ago

Griffin, prior to the early 1900's, used to be known as "Price Station,'' and so-named after one of my great grandfathers. My father, Russell, and his dad, Dan, owned  More

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