Nappanee, IN is a small city with plenty to offer its residents. The cost of living in the area is relatively low, with two bedroom rent coming in at $950 compared to the US average of $1,430. Groceries are also more affordable in Nappanee than elsewhere in the country, with a grocery cost index of 93 versus 100 from the US. The town has several local companies and attractions for people to enjoy, such as Interra Credit Union, Nappanee Public Library, and Apple Festival Park. There are also many popular restaurants nearby including Das Dutchman Essenhaus Restaurant and Bake Shop and The Barnsider Family Restaurant. All in all, Nappanee is an excellent place to live for anyone looking for a more affordable option without sacrificing quality or entertainment options.
Nappanee has an unemployment rate of 3.5%. The US average is 6.0%.
Nappanee has seen the job market decrease by -6.5% 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 Nappanee
- The Sales Tax Rate for Nappanee is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Nappanee 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 Nappanee
- The average income of a Nappanee resident is $27,447 a year. The US average is $37,638 a year.
- The Median household income of a Nappanee resident is $61,700 a year. The US average is $69,021 a year.