Harmony, IN is a great small-town located in Indiana. This town has many local businesses that make it an attractive place to live such as Harmony Automotive, Harmony Auto Parts, and McDaniel’s Hardware. These companies provide the community with supplies and services for their vehicles and homes. A 2-bedroom rental in Harmony averages around $860 per month, compared to the US average of $1,430 per month. The grocery cost index in Harmony is 92 versus 100 in the US. In addition, the overall cost of living in this community is lower than many other places making it a desirable place to call home.
Harmony has an unemployment rate of 4.8%. The US average is 6.0%.
Harmony has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Harmony
- The Sales Tax Rate for Harmony is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Harmony is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Harmony
- The average income of a Harmony resident is $19,790 a year. The US average is $28,555 a year.
- The Median household income of a Harmony resident is $56,136 a year. The US average is $69,021 a year.