River Forest, IN Economy


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River Forest, IN is a small town located near the Ohio River. It is known for its quiet, peaceful, family friendly atmosphere. With a population of less than 2000 people, it is an ideal place to live if you are looking for a slower pace of life. Renting a two bedroom house in River Forest can be done at an affordable rate of $990 per month. The Grocery Cost Index here is 93 compared to the US average of 100 so groceries here are relatively inexpensive as well.
River Forest has many local businesses that make it an enjoyable place to call home. These include banks, restaurants, shops, grocery stores and more. Some popular local companies include The Town Bank and First Bank of River Forest. People in the area also enjoy going out to dinner at favorite spots like Czar's Restaurant & Lounge or Kingsley's Pub & Grille.
Overall, River Forest is a great place to settle down and start a family due to its high quality of life and affordability. With low rent costs and plenty of entertainment options nearby, this small town has something for everyone who chooses to make it their home.

River Forest has an unemployment rate of 5.4%. The US average is 6.0%.

River Forest has seen the job market decrease by -4.8% 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 River Forest
- The Sales Tax Rate for River Forest is 7.0%. The US average is 7.3%.
- The Income Tax Rate for River Forest 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 River Forest
- The average income of a River Forest resident is $60,767 a year. The US average is $37,638 a year.
- The Median household income of a River Forest resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRiver Forest, IndianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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