Hendricks, IN County is a great place to live. It offers many benefits from the lower cost of living compared to other areas. The average two bedroom rent in Hendricks is $1,070 when compared to the US average of $1,430. Grocery costs are also lower in Hendricks at 96 versus the US index at 100. There are many local businesses that contribute to the economy of Hendricks including Walmart, Honda Manufacturing and DHL Express. Residents enjoy all these benefits and more offering a higher quality of life than many other areas.
Hendricks County has an unemployment rate of 3.5%. The US average is 6.0%.
Hendricks 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 41.0%, which is higher than the US average of 33.5%.
Tax Rates for Hendricks County
- The Sales Tax Rate for Hendricks County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hendricks County is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hendricks County
- The average income of a Hendricks County resident is $30,018 a year. The US average is $28,555 a year.
- The Median household income of a Hendricks County resident is $87,961 a year. The US average is $69,021 a year.