Yorktown, IN is a great place to live due to its low cost of living. The average rent for a two-bedroom apartment is just $910, compared to the US average of $1,430. Additionally, the Grocery Cost Index in Yorktown is 93 versus 100 in the US, making it even more affordable. Yorktown has many local companies that make it an attractive location for both businesses and residents. Major employers include Delphi Electronics & Safety, General Motors Components Holdings, LLC., and Yorktown Alumacast. There are plenty of opportunities to get involved in the community as well; there are plenty of parks and recreation centers offering activities for all ages. All in all, Yorktown offers an excellent quality of life at an attractive price point.
Yorktown has an unemployment rate of 5.0%. The US average is 6.0%.
Yorktown has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Yorktown
- The Sales Tax Rate for Yorktown is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Yorktown 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 Yorktown
- The average income of a Yorktown resident is $31,638 a year. The US average is $28,555 a year.
- The Median household income of a Yorktown resident is $76,250 a year. The US average is $69,021 a year.