Howe, IN is a small town located in Indiana's Northeast region. It has a population of roughly 2,000 people and is known for its peaceful atmosphere and friendly residents. Howe is home to many local businesses such as Howe Auto Supply, Taps Bar & Grill, and The Mom & Pop Shop. Living in Howe can be very affordable with an average two bedroom apartment costing $850 per month compared to the national average of $1,430 per month for the same type of accommodation. Additionally, groceries are much cheaper in Howe with a Grocery Cost Index of 93 versus 100 nationally making it even more budget friendly than other areas. All in all, Howe provides a safe and affordable place to call home.
Howe has an unemployment rate of 3.0%. The US average is 6.0%.
Howe has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 47.4%, which is higher than the US average of 33.5%.
Tax Rates for Howe
- The Sales Tax Rate for Howe is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Howe is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Howe
- The average income of a Howe resident is $14,790 a year. The US average is $28,555 a year.
- The Median household income of a Howe resident is $46,117 a year. The US average is $69,021 a year.