Hancock, IN County is a wonderful place to live in. With an affordable rent of $1,070 for two bedrooms, it is a great option for those looking to save money without sacrificing quality. Furthermore, the grocery cost index of 96 shows that even necessary items for everyday life can be found at reasonable prices. The county also plays host to many businesses and companies such as Amazon, Walmart, Kroger, and Meijer all of which offer variety of products from groceries to home goods and more. Hancock's convenient location near major metropolitan areas like Indianapolis make it attractive to those wanting the suburban lifestyle while still having easy access to city activities.
Hancock County has an unemployment rate of 3.5%. The US average is 6.0%.
Hancock County has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Hancock County
- The Sales Tax Rate for Hancock County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hancock County is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hancock County
- The average income of a Hancock County resident is $28,722 a year. The US average is $28,555 a year.
- The Median household income of a Hancock County resident is $79,126 a year. The US average is $69,021 a year.