Kouts, IN is a small city located in Porter County with a population of around 1,400 people. The town offers a low cost of living when compared to the rest of the United States. The average rent for a two-bedroom apartment in Kouts is $1,020 which is significantly lower than the national average rent of $1,430. Additionally, grocery costs are also lower with an index score of 96 versus 100 nationally. Local companies in Kouts include Kouts Industries Inc., Kouts Super Market & Deli and Valley Window Cleaning LLC. With its low cost of living and businesses that serve community members’ needs, Kouts has become a desirable place to live and work.
Kouts has an unemployment rate of 5.3%. The US average is 6.0%.
Kouts 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 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Kouts
- The Sales Tax Rate for Kouts is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Kouts is 3.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Kouts
- The average income of a Kouts resident is $30,661 a year. The US average is $37,638 a year.
- The Median household income of a Kouts resident is $65,987 a year. The US average is $69,021 a year.