Union, IN county is a great place to live for those looking for an affordable lifestyle. With 2 bedroom rent at $910 per month, it is much lower than the US average of $1,430. The cost of groceries is also significantly lower in Union County; with a grocery cost index of 95 versus 100 in the US on average. This makes Union County a desirable place to live for those looking for a more budget-friendly lifestyle.
The area economy is largely dependent on agriculture and manufacturing. Some local companies include Grote Industries, an automotive component manufacturer, and Indiana Packers Corporation, a pork processing plant. The agricultural sector provides plenty of job opportunities as well as employment opportunities in other industries like retail and food service.
Overall, Union County offers its residents an affordable cost of living with plenty of opportunities to work and thrive within their local economy.
Union County has an unemployment rate of 3.4%. The US average is 6.0%.
Union County has seen the job market decrease by -6.2% 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 Union County
- The Sales Tax Rate for Union County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Union 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 Union County
- The average income of a Union County resident is $30,103 a year. The US average is $37,638 a year.
- The Median household income of a Union County resident is $60,750 a year. The US average is $69,021 a year.