Jonesboro, IN is a small town located in the Midwest region of the United States. This quaint town offers a range of local businesses, including boutique shops, restaurants, and other services. The cost of living here is quite affordable with the average 2 bedroom rent costing just $800 per month. This is significantly lower than the national average, which stands at $1,430 according to recent figures. Additionally, groceries are also more affordable here than most other places as evidenced by the Grocery Cost Index of 92 in comparison to 100 for the US on average. Therefore, Jonesboro provides a great opportunity for people looking for an affordable place to live without compromising on lifestyle options or quality of life.
Jonesboro has an unemployment rate of 4.4%. The US average is 6.0%.
Jonesboro has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Jonesboro
- The Sales Tax Rate for Jonesboro is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Jonesboro 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 Jonesboro
- The average income of a Jonesboro resident is $17,587 a year. The US average is $28,555 a year.
- The Median household income of a Jonesboro resident is $39,419 a year. The US average is $69,021 a year.