Saltillo, IN is an affordable city for renters, with 2 Bedroom Rent costing $850. The cost of groceries is also lower than the US average, with a Grocery Cost Index of 93 compared to 100 in the US. Saltillo is home to a variety of local companies such as Sugar Creek Packing Co., and Huhtamaki Inc., which manufactures food containers and packaging. Another well-known local company is Quality Logic Inc., an electronics testing and engineering service provider. With its affordability and range of local businesses, Saltillo, IN provides many opportunities for its residents.
Saltillo has an unemployment rate of 4.5%. The US average is 6.0%.
Saltillo has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.
Tax Rates for Saltillo
- The Sales Tax Rate for Saltillo is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Saltillo 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 Saltillo
- The average income of a Saltillo resident is $18,028 a year. The US average is $28,555 a year.
- The Median household income of a Saltillo resident is $36,534 a year. The US average is $69,021 a year.