Jamestown, IN is a small town located in Indiana with a population of just over 1000 people. The cost of living in Jamestown is much lower than the national average. The average rent for a 2 bedroom apartment is $1,060 per month - nearly 25 percent less than the national average of $1,430 per month. Grocery costs are also much lower, at 96 index points versus the national average of 100. \nThe town boasts many local businesses including Jamestown Motors Inc., Shank's Bar & Grill, and Danny's Auto Glass Repair & Tinting. These businesses provide excellent services to the community while keeping prices competitive with other nearby towns. With its convenient location and low cost of living, Jamestown offers residents an affordable option for both everyday living and recreation.
Jamestown has an unemployment rate of 3.1%. The US average is 6.0%.
Jamestown has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 41.9%, which is higher than the US average of 33.5%.
Tax Rates for Jamestown
- The Sales Tax Rate for Jamestown is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Jamestown 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 Jamestown
- The average income of a Jamestown resident is $24,576 a year. The US average is $28,555 a year.
- The Median household income of a Jamestown resident is $62,891 a year. The US average is $69,021 a year.