The Terre Haute, IN Metro Area is a great place to live and work. It has access to major highways, an excellent educational system, and plenty of cultural activities. The cost of living in Terre Haute is relatively low compared to the national average. For example, 2 bedroom rent is only $860 versus the US which stands at $1,430. Grocery costs stand at 91 on a cost index basis versus 100 nationally.
The city offers a quality of life that many people enjoy. Local companies in Terre Haute include Indiana State University, Rose-Hulman Institute of Technology, St. Mary's Medical Center, Union Hospital Health System, ISU Research Park, Sony DADC America Inc., Bemis Company Inc., and Goodrich Aerospace Services Incorporated among many others. In short, Terre Haute has all you need for living a great quality life with the added bonus of lower cost of living than most American cities.
Terre Haute Metro Area has an unemployment rate of 5.4%. The US average is 6.0%.
Terre Haute Metro Area has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Terre Haute Metro Area
- The Sales Tax Rate for Terre Haute Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Terre Haute Metro Area is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Terre Haute Metro Area
- The average income of a Terre Haute Metro Area resident is $21,692 a year. The US average is $28,555 a year.
- The Median household income of a Terre Haute Metro Area resident is $51,531 a year. The US average is $69,021 a year.