Vincennes, IN is a great place to live. It has an affordable cost of living, with 2 bedroom rent at $850 compared to the US average of $1,430. Grocery costs are also relatively low in Vincennes, with an index of 90 compared to 100 nationally. Residents of Vincennes have plenty to do within the city as well. Popular attractions include the Grouseland Mansion, Fort Knox II, and George Rogers Clark National Historical Park. The city is home to several notable businesses such as Good Samaritan Hospital, Tower Sales Corporation, and Posey Steel Fabricators Inc. These establishments help keep the local economy strong and provide employment opportunities for locals.
Vincennes has an unemployment rate of 3.8%. The US average is 6.0%.
Vincennes has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Vincennes
- The Sales Tax Rate for Vincennes is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Vincennes is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Vincennes
- The average income of a Vincennes resident is $18,250 a year. The US average is $28,555 a year.
- The Median household income of a Vincennes resident is $43,184 a year. The US average is $69,021 a year.