Putnam, IN County is a great place to live and work. It offers affordable rent for two bedroom apartments at only $900 per month, making it a budget-friendly option compared to the US average of $1,430. Additionally, groceries are also more affordable in Putnam as its Grocery Cost Index is 94 versus 100 in the US. Local businesses have flourished in Putnam and some of the most notable include S & R Automotive, Hendrickson Family Dental Care, Carrol's Landscaping & Fence Co., and Kingsbury Brewhouse & Eatery. These companies offer quality products and services to the community and put Putnam on the map.
Putnam County has an unemployment rate of 4.2%. The US average is 6.0%.
Putnam County has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Putnam County
- The Sales Tax Rate for Putnam County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Putnam County is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Putnam County
- The average income of a Putnam County resident is $21,541 a year. The US average is $28,555 a year.
- The Median household income of a Putnam County resident is $64,993 a year. The US average is $69,021 a year.