Laconia, IN is a bustling community in the Midwest with plenty of opportunities for its residents. It offers a variety of local businesses like G&J Supply Company, R & D Motors, and Britton's Hardware. The city also has an affordable cost of living; rents for two bedroom apartments are $970 compared to the US average of $1,430. Additionally, groceries are 3% less expensive than the national average. All these factors make Laconia attractive to those who want to live in a diverse and vibrant community that also offers a reasonable cost of living.
Laconia has an unemployment rate of 3.8%. The US average is 6.0%.
Laconia has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.
Tax Rates for Laconia
- The Sales Tax Rate for Laconia is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Laconia 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 Laconia
- The average income of a Laconia resident is $15,548 a year. The US average is $37,638 a year.
- The Median household income of a Laconia resident is $53,750 a year. The US average is $69,021 a year.