St. Mary of the Woods, IN is a small town located in the north-western region of Indiana. It is known for its tranquil and picturesque surroundings, as well as its many local companies and attractions. The rent for a two bedroom apartment here is significantly less than the nationwide average, making it an ideal location for those looking to save money on housing costs. The grocery cost index is also lower in St. Mary of the Woods compared to the national average, giving locals an advantage when it comes to their food budget.
When it comes to entertainment and activities, St. Mary of the Woods has plenty to offer. Popular attractions include The Barns at Wolf Creek Winery, which offers live music and events throughout the year, Harmonie State Park and Lake Wallace for outdoor recreation and fishing opportunities, Old Cathedral Museum which features artifacts from early settlers of the area, as well as local businesses like Wolf Creek Antiques & Collectibles that can help you find unique items for your home.
St. Mary of the Woods has an unemployment rate of 5.6%. The US average is 6.0%.
St. Mary of the Woods 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 28.1%, which is lower than the US average of 33.5%.
Tax Rates for St. Mary of the Woods
- The Sales Tax Rate for St. Mary of the Woods is 7.0%. The US average is 7.3%.
- The Income Tax Rate for St. Mary of the Woods 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 St. Mary of the Woods
- The average income of a St. Mary of the Woods resident is $15,656 a year. The US average is $28,555 a year.
- The Median household income of a St. Mary of the Woods resident is $22,716 a year. The US average is $69,021 a year.