Melody Hill, IN is a great place to live and work. It has affordable housing with 2 Bedroom Rent costing around $1,040 on average and a Grocery Cost Index of 91 compared to the US which is 100. There are also many local companies and attractions that make it unique. For example, the city is home to the popular restaurant chain Bozco’s Burgers which serves delicious meals for all occasions. Other businesses in the area include Stanfield's Hardware & Supply Co., a hardware store providing everyday essentials, and Johnson's Electronics, a company specializing in sales of electronics products. Visitors can also enjoy nearby attractions such as John Smith Lake Park which offers plenty of recreational activities and beautiful scenery or take part in outdoor sports like paintball at Gopher Creek Paintball Field.
Melody Hill has an unemployment rate of 4.8%. The US average is 6.0%.
Melody Hill has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Melody Hill
- The Sales Tax Rate for Melody Hill is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Melody Hill 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 Melody Hill
- The average income of a Melody Hill resident is $41,240 a year. The US average is $37,638 a year.
- The Median household income of a Melody Hill resident is $80,000 a year. The US average is $69,021 a year.