Winamac, IN is a small town located in Pulaski County in the state of Indiana. It is known for its historical buildings and low cost of living. The average rent for a two bedroom apartment is only $920, which is much lower than the US average of $1,430. The Grocery Cost Index in Winamac is 91 versus 100 in the US, making it an affordable place to live. \nNotable businesses in Winamac include Mossberg Screen Printing, Wabash Valley Produce Inc., Golden Grain Elevators Inc., and Laughlin Feed Mill LLC. With a lower cost of living compared to other parts of the country, Winamac provides an ideal environment for families or individuals looking for a comfortable place to call home with plenty of options when it comes to entertainment and activities.
Winamac has an unemployment rate of 4.1%. The US average is 6.0%.
Winamac has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for Winamac
- The Sales Tax Rate for Winamac is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Winamac is 6.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Winamac
- The average income of a Winamac resident is $22,334 a year. The US average is $37,638 a year.
- The Median household income of a Winamac resident is $41,139 a year. The US average is $69,021 a year.