Millersburg, IN is a small town located in Elkhart County in Northern Indiana. It has a population of about 1,700 people and an area of 0.9 square miles. The cost of living is relatively low, with a 2-bedroom rent costing around $1,090 compared to the US average of $1,430. Grocery costs are also lower than the national average, with an index of 95 versus 100 in the US. This makes Millersburg an affordable and attractive place to live for many families and individuals alike. Some local businesses in Millersburg include Country Financial Insurance Agency, King's Custom Cabinetry & Woodworking LLC, Graber Buildings Inc., Miller Landscaping & Hardscaping LLC, Donovan & Sons Plumbing Heating & Air Conditioning Inc., and Millersburg Veterinary Clinic PC.
Millersburg has an unemployment rate of 3.5%. The US average is 6.0%.
Millersburg 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 Millersburg
- The Sales Tax Rate for Millersburg is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Millersburg 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 Millersburg
- The average income of a Millersburg resident is $20,758 a year. The US average is $28,555 a year.
- The Median household income of a Millersburg resident is $72,232 a year. The US average is $69,021 a year.