Sweetser, IN is a small town located in Grant County. It has a population of around 2,400 people and is a great place to raise a family. The cost of living in Sweetser is quite affordable with the average two bedroom rent being $850 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Sweetser is 92 versus 100 in the US, making it an even better choice for those looking for more economical living costs.
The town boasts several local businesses that make up its economy such as Mulzer Crushed Stone Inc., T&K Metals, and Sweetser Switch Railroad Co Ltd. These companies bring jobs and money to the community while helping to maintain its quality of life. \nAll-in-all, Sweetser is a great choice for those looking for an economically sound place to call home. With lower housing and grocery costs then most places across the country it makes perfect sense why many families choose to move there every year.
Sweetser has an unemployment rate of 4.4%. The US average is 6.0%.
Sweetser has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Sweetser
- The Sales Tax Rate for Sweetser is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sweetser is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Sweetser
- The average income of a Sweetser resident is $27,891 a year. The US average is $37,638 a year.
- The Median household income of a Sweetser resident is $69,375 a year. The US average is $69,021 a year.