West Point, IN Economy


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West Point, IN is a small community located in the state of Indiana. The typical two bedroom rental in West Point costs significantly less than the US average, making it an attractive option for those looking for affordable housing. Additionally, the town boasts a lower than average grocery cost index, making it an even better choice when budgeting for necessities. Popular local businesses in West Point include Big O Tire, Yates Insulation & Home Performance and Uebelhor & Sons Toyota. Each business has been a cornerstone of the community since its founding and provides excellent services to the residents of West Point.

West Point has an unemployment rate of 4.1%. The US average is 6.0%.

West Point has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.

Tax Rates for West Point
- The Sales Tax Rate for West Point is 7.0%. The US average is 7.3%.
- The Income Tax Rate for West Point 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 West Point
- The average income of a West Point resident is $23,506 a year. The US average is $28,555 a year.
- The Median household income of a West Point resident is $103,867 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Point, IndianaUnited States
  4.16
  -7.2%-6.2%
  37.1%33.5%
  7.0%6.2%
  4.3%4.6%
  $43,411$37,638
  $103,867$69,021
  $107,629$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  52.0%10.0%
  23.6%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  24.4%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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