Evansville, IN Metro Area is a great place to live, work, and raise a family. It has a low cost of living compared to other areas in the US with 2 bedroom rental prices averaging $970 per month compared to an average of $1430 across the US. Groceries too are significantly cheaper in Evansville at 92 on the grocery cost index versus 100 for the US as a whole. Major employers in the area include Toyota, Berry Plastics, Reagan Companies and Alcoa Aluminum. The area also has excellent healthcare providers such as Deaconess Hospital and Ascension St. Vincent Health. With its lower cost of living and plentiful job opportunities, Evansville makes it an ideal place to reside.
Evansville Metro Area has an unemployment rate of 4.5%. The US average is 6.0%.
Evansville Metro Area 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 34.9%, which is higher than the US average of 33.5%.
Tax Rates for Evansville Metro Area
- The Sales Tax Rate for Evansville Metro Area is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Evansville Metro Area 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 Evansville Metro Area
- The average income of a Evansville Metro Area resident is $25,734 a year. The US average is $28,555 a year.
- The Median household income of a Evansville Metro Area resident is $59,134 a year. The US average is $69,021 a year.