Richland township (Madison Cnty), Indiana 

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Economy in Richland township (Madison Cnty), Indiana

Richland township (Madison Cnty) has an unemployment rate of 3.8%. The US average is 3.9%.

Richland township (Madison Cnty) 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 35.4%, which is higher than the US average of 33.5%.

Tax Rates for Richland township (Madison Cnty)
- The Sales Tax Rate for Richland township (Madison Cnty) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Richland township (Madison Cnty) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Richland township (Madison Cnty)
- The average income of a Richland township (Madison Cnty) resident is $28,382 a year. The US average is $28,555 a year.
- The Median household income of a Richland township (Madison Cnty) resident is $58,783 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYRichland township (Madison County), IndianaUnited States
  3.8%3.7%
  2.5%1.6%
  35.4%33.5%
  7.0%6.2%
  5.0%4.6%
  $29,771$31,177
  $58,678$57,652
  $67,000$70,850
  POPULATION BY OCCUPATION
  0.3%1.3%
  0.0%0.6%
  4.5%6.2%
  17.5%10.4%
  0.7%2.7%
  12.4%11.6%
  6.4%4.1%
  0.0%0.9%
  1.7%2.1%
  4.2%4.7%
  2.7%1.9%
  5.8%6.7%
  0.0%0.1%
  4.5%4.3%
  8.8%9.3%
  16.2%13.8%
  1.7%2.2%
  2.3%7.4%
  4.4%4.9%
  5.9%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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