Huntington, Indiana metro area is an affordable place for people to live and work. The two bedroom rent in the city is $830, significantly lower than the US average rent at $1,430. Furthermore, the cost of living index indicates that groceries are 8% cheaper compared to the national average. There are a range of businesses in Huntington that offer great opportunities for locals. Some prominent local companies include Progress Rail Services Corporation, DePuy Synthes, and Dana Holding Corporation. Thus, it's no surprise that many people have chosen to make Huntington their home due to its low-cost lifestyle and wide range of employment opportunities.
Huntington Metro Area has an unemployment rate of 3.8%. The US average is 6.0%.
Huntington Metro Area has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for Huntington Metro Area
- The Sales Tax Rate for Huntington Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Huntington Metro Area is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Huntington Metro Area
- The average income of a Huntington Metro Area resident is $29,592 a year. The US average is $37,638 a year.
- The Median household income of a Huntington Metro Area resident is $56,705 a year. The US average is $69,021 a year.