Worthington, IN is a great place to live with a reasonable 2 bedroom rent price of $830. It also has a lower than average Grocery Cost Index compared to the US (91 versus 100). This makes Worthington an attractive location for families or individuals looking to stay on budget. The city is home to many local businesses including The Hitchin' Post Café and Grill, Worthington Hardware and Supply Co., S&S Automotive Services, and Southern Indiana Veterinary Practice. The Grocery Cost Index is an important indication of affordability in Worthington as it allows potential residents to see how much money they would need to spend on groceries as opposed to other places in the US.
Worthington has an unemployment rate of 4.9%. The US average is 6.0%.
Worthington has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.
Tax Rates for Worthington
- The Sales Tax Rate for Worthington is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Worthington is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Worthington
- The average income of a Worthington resident is $25,943 a year. The US average is $37,638 a year.
- The Median household income of a Worthington resident is $38,942 a year. The US average is $69,021 a year.