Utica, IN is a small town located in southwestern Indiana with a population of around 478 people. It is known for its peaceful atmosphere, friendly locals, and great amenities. Being a small town, Utica has limited employment opportunities but residents are able to find jobs at local businesses such as the Dari-Dip, L&L Farm Supply, Goebel Construction and The Plus Store. The cost of living in Utica is relatively low compared to the rest of the US with 2 bedroom rent being $1,050 compared to $1,430 nationally. Additionally, the Grocery Cost Index is 94 versus 100 in the US making food very affordable.
Utica has an unemployment rate of 4.4%. The US average is 6.0%.
Utica 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 36.3%, which is higher than the US average of 33.5%.
Tax Rates for Utica
- The Sales Tax Rate for Utica is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Utica is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Utica
- The average income of a Utica resident is $23,754 a year. The US average is $28,555 a year.
- The Median household income of a Utica resident is $68,393 a year. The US average is $69,021 a year.