Ridgeville, IN is a small community that offers great living options for those who want to live in a tranquil environment. The 2 Bedroom rent in Ridgeville is much lower than the US average at $840 versus $1,430. Not only does this make it more affordable for many people but it also make it easier to access amenities like grocery stores. The Grocery Cost Index in Ridgeville is 91, which is 9 points lower than the national average of 100. This makes affording food much more possible and therefore makes life more enjoyable for those living in Ridgeville.
There are many local companies that call Ridgeville home such as Thayer Motorsports, Good's Meats & Groceries, and J&J Electric Services Inc. These businesses provide jobs and services to the local community and contribute to the overall economy of the area. With all these benefits combined, it’s no surprise why so many people choose to live in Ridgeville.
Ridgeville has an unemployment rate of 4.6%. The US average is 6.0%.
Ridgeville has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 9.6%, which is lower than the US average of 33.5%.
Tax Rates for Ridgeville
- The Sales Tax Rate for Ridgeville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ridgeville is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Ridgeville
- The average income of a Ridgeville resident is $22,989 a year. The US average is $37,638 a year.
- The Median household income of a Ridgeville resident is $36,042 a year. The US average is $69,021 a year.