Randolph, IN County is an economically friendly area with a low cost of living. The 2 bedroom rent in Randolph, IN County is $830 compared to the US average of $1,430. Additionally, the grocery cost index in Randolph is 91 as opposed to 100 in the US. This makes it a great area for families looking for an affordable place to live. Randolph, IN County includes many local businesses such as Bowersox Market & Deli, Fort Wayne Plastics and Claypool Electric Motor Repair. These establishments provide quality services and goods to the community while also providing employment opportunities for residents of Randolph County.
Randolph County has an unemployment rate of 4.6%. The US average is 6.0%.
Randolph County has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 9.6%, which is lower than the US average of 33.5%.
Tax Rates for Randolph County
- The Sales Tax Rate for Randolph County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Randolph 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 Randolph County
- The average income of a Randolph County resident is $22,386 a year. The US average is $28,555 a year.
- The Median household income of a Randolph County resident is $54,912 a year. The US average is $69,021 a year.