Richland, IN is a small town with a population of 2,871 located in St. Joseph County. It offers inhabitants a charming atmosphere where they can enjoy a slower paced lifestyle. The average rent for a 2 bedroom apartment is $850 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Richland is 91 versus 100 in the US, making groceries more affordable as well. Some local companies include Richland Manufacturing Inc., Oliver King Printing Company, and Trinity Home Health Care Services Inc. Altogether, Richland provides residents with an attractive cost of living that does not compromise on quality of life.
Richland has an unemployment rate of 4.3%. The US average is 6.0%.
Richland has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.
Tax Rates for Richland
- The Sales Tax Rate for Richland is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Richland is 4.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Richland
- The average income of a Richland resident is $30,881 a year. The US average is $37,638 a year.
- The Median household income of a Richland resident is $66,250 a year. The US average is $69,021 a year.