St. Bernice, IN Economy


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St. Bernice, Indiana is a bustling city with a wide variety of local businesses that offer residents great opportunities for employment. The cost of living in St. Bernice is lower than the US average. Rent for a two-bedroom apartment costs $840 per month compared to $1,430 nationally, and the grocery cost index here is 89 versus the national median of 100. Local businesses in St. Bernice include Clark's Auto Parts, a family-owned auto shop opened over 40 years ago; Leo's Restaurant, which has been serving up fresh seafood since 1960; and Barnes & Goldman Hardware Store, where customers can find all their home improvement needs since 1954. With its lower cost of living and many local establishments, St. Bernice is an excellent place to call home.

St. Bernice has an unemployment rate of 5.7%. The US average is 6.0%.

St. Bernice has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.

Tax Rates for St. Bernice
- The Sales Tax Rate for St. Bernice is 7.0%. The US average is 7.3%.
- The Income Tax Rate for St. Bernice is 3.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for St. Bernice
- The average income of a St. Bernice resident is $14,608 a year. The US average is $28,555 a year.
- The Median household income of a St. Bernice resident is $43,807 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Bernice, IndianaUnited States
  5.76
  -6.0%-6.2%
  25.1%33.5%
  7.0%6.2%
  4.7%4.6%
  $19,717$37,638
  $43,807$69,021
Family Median Income 85028
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