Switzerland, IN County is an area known for its great quality of life. The average two bedroom rent is only $830 per month, making it a much more affordable option than other parts of the country. Groceries also come at a lower cost with an index score of 95 versus 100 in the US. There are many local companies that make Switzerland, IN County a thriving community including manufacturing, food service, construction, retail and finance services. With such low costs for housing and groceries, it is no surprise that this area is so desirable to live in and visit.
Switzerland County has an unemployment rate of 5.1%. The US average is 6.0%.
Switzerland County has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 34.9%, which is higher than the US average of 33.5%.
Tax Rates for Switzerland County
- The Sales Tax Rate for Switzerland County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Switzerland County is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Switzerland County
- The average income of a Switzerland County resident is $19,255 a year. The US average is $28,555 a year.
- The Median household income of a Switzerland County resident is $56,268 a year. The US average is $69,021 a year.