Decatur, IN Metro Area is a great place to live. It's affordable with two bedroom rents averaging $830 compared to the US average of $1,430. Grocery costs are also lower than the national average; 92 index versus 100 in the US. There are many local businesses that call Decatur home. These businesses include Walmart, McDonald’s, Lowe’s Home Improvement and CVS Pharmacy. These companies provide jobs and services to the citizens of Decatur as well as visitors from neighboring cities. Decatur is an ideal location for young professionals looking for affordable living and job opportunities close to home.
Decatur Metro Area has an unemployment rate of 3.0%. The US average is 6.0%.
Decatur Metro Area has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.
Tax Rates for Decatur Metro Area
- The Sales Tax Rate for Decatur Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Decatur Metro Area is 4.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Decatur Metro Area
- The average income of a Decatur Metro Area resident is $21,161 a year. The US average is $28,555 a year.
- The Median household income of a Decatur Metro Area resident is $56,037 a year. The US average is $69,021 a year.