Columbus Metro Area, IN Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Indiana / Columbus Metro Area / Counties / Cities / Zip Codes
Columbus, IN Metro Area is known for its affordability and quality of life. This makes it an attractive location for individuals looking to live comfortably on a budget. The average two bedroom rent in the area is $1,040, which is nearly 31% lower than the US average of $1,430. Additionally, Columbus has a Grocery Cost Index score of 93 versus 100 in the US, making it a great option for those looking to save on food costs. The area boasts large and small businesses alike from Cummins Inc., Cook Group, and Perma-Pipe Inc., as well as many others providing plenty of job opportunities for workers. All in all, Columbus is an excellent choice for those seeking to enjoy a high standard of living without breaking the bank.

Columbus Metro Area has an unemployment rate of 3.8%. The US average is 6.0%.

Columbus Metro Area has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.

Tax Rates for Columbus Metro Area
- The Sales Tax Rate for Columbus Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Columbus 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 Columbus Metro Area
- The average income of a Columbus Metro Area resident is $35,669 a year. The US average is $37,638 a year.
- The Median household income of a Columbus Metro Area resident is $71,183 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColumbus, IndianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.