Owensville, IN is an excellent place to live due to its low rent and grocery prices. The average 2-bedroom rental rate in Owensville is only $810, compared to the US average of $1,430. Additionally, the Grocery Cost Index in Owensville is 91 compared to 100 in the US. This means that groceries cost less than they do elsewhere in the country. In Owensville, there are local companies such as Owensville Community Bank and First Farmers Bank & Trust that offer a wide variety of services for residents. For those living in Owensville who want to save money, it's important to shop around for the best deals from local businesses and take advantage of any discounts or coupons available.
Owensville has an unemployment rate of 3.4%. The US average is 6.0%.
Owensville has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Owensville
- The Sales Tax Rate for Owensville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Owensville is 3.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Owensville
- The average income of a Owensville resident is $17,098 a year. The US average is $28,555 a year.
- The Median household income of a Owensville resident is $52,794 a year. The US average is $69,021 a year.