Economy in Middlebury, IN

Middlebury, IN is a city in Elkhart County located about 25 miles east of South Bend. It is a pleasant, small town with plenty of opportunities for outdoor activities. Many people move to Middlebury for its affordable cost of living, as 2 bedroom rent can be found at $1,090 compared to the US average of $1,430. Additionally, citizens enjoy low grocery costs with an index rating of 96 versus 100 in the US.
Middlebury is home to many local businesses such as Bontrager's Family Restaurant and Bakery and Maple City Country Market which offer fresh produce and locally made goods. Other popular companies include Miller’s Garage Door Service and Liberty Tin & Sheet Metal where customers can experience quality service from skilled professionals each time they visit. With friendly locals and plenty of amenities, Middlebury makes a great place to call home.

Middlebury has an unemployment rate of 3.5%. The US average is 6.0%.

Middlebury has seen the job market increase by 5.2% over the last year. Future job growth over the next ten years is predicted to be 53.7%, which is higher than the US average of 33.5%.

Tax Rates for Middlebury
- The Sales Tax Rate for Middlebury is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Middlebury is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Middlebury
- The average income of a Middlebury resident is $27,079 a year. The US average is $28,555 a year.
- The Median household income of a Middlebury resident is $73,813 a year. The US average is $69,021 a year.