Rocky Ripple, IN is a small town located in Marion County, near Indianapolis. It features a relaxed atmosphere with a variety of parks and outdoor activities nearby. It also boasts local shops such as the Rocky Ripple Grocery & Deli and the Rocky Ripple Hardware Store, providing residents with easy access to daily necessities. The cost of living is relatively low compared to other cities in the area with two bedroom rental units averaging at $1,010 a month. Additionally, the grocery cost index in Rocky Ripple is 93 versus 100 in the US, further demonstrating its affordability. Despite its size, Rocky Ripple offers some unique amenities including swimming at Sandy Beach Park or shopping for vintage apparel at Miss Marty’s Boutique. All things considered, Rocky Ripple is an ideal place to live for those looking for affordability and an atmosphere that encourages relaxation.
Rocky Ripple has an unemployment rate of 5.6%. The US average is 6.0%.
Rocky Ripple 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 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Rocky Ripple
- The Sales Tax Rate for Rocky Ripple is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rocky Ripple is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Rocky Ripple
- The average income of a Rocky Ripple resident is $24,269 a year. The US average is $28,555 a year.
- The Median household income of a Rocky Ripple resident is $59,688 a year. The US average is $69,021 a year.