Porter County, Indiana is a great place to call home. With an affordable 2 bedroom rent rate of only $1,000 compared to the national average of $1,430, Porter County is an excellent choice for budget conscious renters. Grocery costs are also lower than the US average as the cost index is 97 versus 100 in the US. In addition to being a great place for affordability and value, Porter County also boasts many thriving local companies such as Porter Pipe & Supply Co., Steel Warehouse Company, and Portage Machine Company. These businesses provide employment opportunities and help keep the local economy strong and vibrant.
Porter County has an unemployment rate of 5.3%. The US average is 6.0%.
Porter County has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Porter County
- The Sales Tax Rate for Porter County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Porter County is 3.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Porter County
- The average income of a Porter County resident is $29,043 a year. The US average is $28,555 a year.
- The Median household income of a Porter County resident is $76,736 a year. The US average is $69,021 a year.