Smithville-Sanders, IN Economy


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Smithville-Sanders, IN is a charming small town nestled in the heart of Indiana. The cost of living here is quite affordable; two bedroom apartments rent for about $1,210 per month while the national average is around $1,430. Prices at local grocery stores are also quite economical with an index of 98 versus 100 in the US. There are several local businesses that make Smithville-Sanders a vibrant place to live, including Sanders Hardware Store, Smithville Outfitters and Sanders Cafe. Smithville-Sanders is an excellent option for anyone looking for a low cost place to call home.

Smithville-Sanders has an unemployment rate of 4.1%. The US average is 6.0%.

Smithville-Sanders has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Smithville-Sanders
- The Sales Tax Rate for Smithville-Sanders is -214,682,627,300.0%. The US average is 7.3%.
- The Income Tax Rate for Smithville-Sanders is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Smithville-Sanders
- The average income of a Smithville-Sanders resident is $46,472 a year. The US average is $37,638 a year.
- The Median household income of a Smithville-Sanders resident is $91,433 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySmithville-Sanders, IndianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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