Springport, IN is a small town located in the Midwest United States. It has a laid-back atmosphere and locals enjoy the slower pace of life that comes with living in such a rural area. Renting a two bedroom apartment in Springport costs around $870, which is much lower than the US average of $1430. Additionally, items like groceries tend to cost less as well, with Springport's grocery cost index being 93 compared to 100 on the US average. Popular local companies include Wilson Farms Inc., Tri-Axle Truck Service LLC, AJ Auto Parts & Repair Services LLC, and Larry Yoder Construction Inc., which specialize in agriculture, truck transport services, auto parts repair services, and construction respectively. All in all, Springport offers an affordable cost of living for those wishing to move into a quiet rural area while still having access to basic amenities.
Springport has an unemployment rate of 4.3%. The US average is 6.0%.
Springport has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.
Tax Rates for Springport
- The Sales Tax Rate for Springport is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Springport is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Springport
- The average income of a Springport resident is $18,269 a year. The US average is $28,555 a year.
- The Median household income of a Springport resident is $60,417 a year. The US average is $69,021 a year.