Mulberry, IN Economy


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Mulberry, IN is a small city situated in the Midwest region of the United States. It offers a peaceful living experience to its residents but also has many stores, restaurants and entertainment options for them to enjoy. Some of the local companies in Mulberry are Acme Technologies, Mazarine Commercial Real Estate, and Glisten Dry Cleaners. The city of Mulberry also features plenty of recreational activities and amenities with its local parks including Randall Park, Grassy Creek Park, and Thomas Nature Reserve. For those who enjoy shopping there is the nearby Downtown Shopping District which offers an array of retail stores from clothing boutiques to gift shops. In addition to this, Mulberry has several top-rated restaurants that offer delicious meals prepared by renowned chefs. With its affordable 2 bedroom rent rate of $1120 compared to $1430 on average across the US, as well as a grocery cost index of 94 versus 100 nationally, Mulberry is an ideal place for anyone looking for a relaxed yet affordable lifestyle.

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

Mulberry has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.

Tax Rates for Mulberry
- The Sales Tax Rate for Mulberry is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mulberry is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Mulberry
- The average income of a Mulberry resident is $22,318 a year. The US average is $37,638 a year.
- The Median household income of a Mulberry resident is $42,303 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMulberry, IndianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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