Painted Hills, IN is a small town located in the Midwest. It is known for its low cost of living, with many amenities and services that are comparably cheaper than the national average. For instance, the average 2 bedroom rent in Painted Hills is approximately $930 compared to $1,430 on average throughout the US. Similarly, the Grocery Cost Index in Painted Hills is 94 versus 100 nationally. This makes it an attractive place for those who want to save money without sacrificing quality of life.
The town has a variety of local businesses such as JD's Market, Don's Hardware Store, Paisley's Clothing Boutique, and Price's Auto Repairs & Service Center. These shops provide invaluable services to residents while keeping prices reasonable due to low overhead costs and convenient location within walking distance from most homes.
All in all, Painted Hills is an ideal place for those seeking a good quality of life at an affordable price. With its locally owned businesses and lower than average costs for basic necessities, this small Midwestern town offers a great opportunity for savings without compromising convenience or comfort.
Painted Hills has an unemployment rate of 3.9%. The US average is 6.0%.
Painted Hills has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.
Tax Rates for Painted Hills
- The Sales Tax Rate for Painted Hills is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Painted Hills is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Painted Hills
- The average income of a Painted Hills resident is $29,425 a year. The US average is $28,555 a year.
- The Median household income of a Painted Hills resident is $78,043 a year. The US average is $69,021 a year.