Tecumseh, IN is a small town located in the state of Indiana. This town is known for its low cost of living, with two bedroom rent at just $800 per month, and a grocery cost index of 92 compared to 100 in the US. The town's economy is mainly dependent on local businesses such as Tecumseh Dairy Queen, M&M Catering & Deli, and Johnny’s Market. These small companies provide employment for many locals and are integral to the prosperity of the community. Aside from local business, Tecumseh residents enjoy spending time outdoors in one of their beautiful parks or participating in some of the many recreational activities it has to offer. With its low cost of living and strong sense of community, Tecumseh is an ideal place to call home.
Tecumseh has an unemployment rate of 5.6%. The US average is 6.0%.
Tecumseh 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 Tecumseh
- The Sales Tax Rate for Tecumseh is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Tecumseh 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 Tecumseh
- The average income of a Tecumseh resident is $29,408 a year. The US average is $28,555 a year.
- The Median household income of a Tecumseh resident is $93,021 a year. The US average is $69,021 a year.