Carroll, IN County is an ideal area for those looking to save money. The average 2 bedroom rent in this county is $860 while the same amount would cost much more in other parts of the US at $1,430. Additionally, the Grocery Cost Index in Carroll, IN County is 93 whereas it is 100 in most of the US. Not only can residents save on rent but also on groceries. There are many local businesses that contribute to making Carroll, IN County an affordable place to live. Companies like Crossroads Carousel and Schaffer Distributing Co offer plenty of job opportunities for its residents as well as drive down costs with their competitive pricing options. All these factors make Carroll, IN County a great place to live with a lower cost of living than other places around the country.
Carroll County has an unemployment rate of 3.8%. The US average is 6.0%.
Carroll County has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Carroll County
- The Sales Tax Rate for Carroll County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Carroll 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 Carroll County
- The average income of a Carroll County resident is $30,571 a year. The US average is $37,638 a year.
- The Median household income of a Carroll County resident is $56,929 a year. The US average is $69,021 a year.