Griffith, IN is a small town located in Lake County, Indiana. The population of Griffith is estimated to be around 16,000 people with a median home value of $171,400. In terms of rent, two-bedroom apartments cost an average of $1,030 compared to the national average of $1,430. The cost of groceries also differs from the rest of the country with a Grocery Cost Index (GCI) score of 95 whereas the US average is 100. Local businesses in Griffith include Dyer Auto Exchange Center for automotive repair; Superior Ambulance for medical transportation; and Apple Blossoms Flowers & Gifts for floral arrangements. All these local businesses offer quality services at competitive prices which makes Griffith an attractive place to live in.
Griffith has an unemployment rate of 7.6%. The US average is 6.0%.
Griffith has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.
Tax Rates for Griffith
- The Sales Tax Rate for Griffith is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Griffith is 3.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Griffith
- The average income of a Griffith resident is $34,255 a year. The US average is $37,638 a year.
- The Median household income of a Griffith resident is $64,265 a year. The US average is $69,021 a year.