Onward, IN is a great place to live if you are looking for an affordable lifestyle. The average rent for a two-bedroom apartment in Onward is $810 which is significantly lower than the US average of $1,430. Additionally, grocery costs are also cheaper in Onward with an index of 91 out of 100 compared to the US. This makes it easier to save money while living in Onward. Many local companies thrive in this small town such as John's Automotive, Sparks Hardware Store and Green Valley Dairy Farm. Residents can enjoy a high quality of life with more financial security due to the low cost of living.
Onward has an unemployment rate of 4.4%. The US average is 6.0%.
Onward has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Onward
- The Sales Tax Rate for Onward is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Onward is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Onward
- The average income of a Onward resident is $20,568 a year. The US average is $37,638 a year.
- The Median household income of a Onward resident is $50,536 a year. The US average is $69,021 a year.