Owen, IN County is an affordable place to live with an average two bedroom rent of $880 in comparison to the US rate of $1,430. Additionally, the Grocery Cost Index for Owen County is 93 versus 100 in the US. The county is home to many local businesses such as Central Indiana Ethanol LLC, General Packaging Products Corporation and Viewpointe Architectural Services Inc. There are also small businesses scattered throughout the county offering goods and services that can benefit those living and working within the community.
Owen County has an unemployment rate of 5.0%. The US average is 6.0%.
Owen County has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Owen County
- The Sales Tax Rate for Owen County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Owen County is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Owen County
- The average income of a Owen County resident is $21,636 a year. The US average is $28,555 a year.
- The Median household income of a Owen County resident is $53,831 a year. The US average is $69,021 a year.