Seymour, IN is a small city located in the western part of Indiana. It is known for its quaint downtown with all the amenities you would expect from a small city. The 2 bedroom rent in Seymour is about $1,020 which is significantly lower than the US average of $1,430. This makes it an attractive location for those who want to save on rent. In addition to offering affordable housing, Seymour also has some great local businesses such as Seymour Tire & Automotive, AutoZone and Best Buy Appliance Store just to name a few. These companies are great for servicing and maintaining cars or finding new appliances at discounted prices. Grocery Cost Index in Seymour is 95 compared to 100 in the US which indicates that groceries are slightly cheaper here than the national average. All these factors make Seymour an attractive place to live for those who are looking for an affordable living environment.
Seymour has an unemployment rate of 4.0%. The US average is 6.0%.
Seymour has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.
Tax Rates for Seymour
- The Sales Tax Rate for Seymour is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Seymour is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Seymour
- The average income of a Seymour resident is $25,412 a year. The US average is $37,638 a year.
- The Median household income of a Seymour resident is $47,949 a year. The US average is $69,021 a year.