Tennyson, IN is a small town close to Indianapolis. It is known for its local businesses and friendly people. Some businesses in Tennyson include Irazu Coffee, one of the best coffee shops in town, and The Liberty Group, which offers unique furniture pieces and home decor. The cost of living in Tennyson is quite affordable compared to other areas in the US. According to data, 2 bedroom rental costs in Tennyson are around $840 a month, while the US average is $1,430. Additionally, the Grocery Cost Index in Tennyson stands at 92 compared to 100 in the US. Living in Tennyson can be quite affordable and convenient for those looking for a more secluded lifestyle without sacrificing quality services or amenities.
Tennyson has an unemployment rate of 3.7%. The US average is 6.0%.
Tennyson has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Tennyson
- The Sales Tax Rate for Tennyson is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Tennyson is 3.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Tennyson
- The average income of a Tennyson resident is $15,194 a year. The US average is $28,555 a year.
- The Median household income of a Tennyson resident is $36,875 a year. The US average is $69,021 a year.