North Vernon, IN Metro Area is a great place to live with affordable rent and cost of living. The 2 Bedroom Rent in the area is $840 compared to the US average of $1,430. This makes it more accessible for people looking to find a place they can afford. Additionally, the Grocery Cost Index in North Vernon is 93 versus 100 in the US, making it even more budget-friendly. There are several local businesses that make this area great including G&S Automotive, Redman Auto Body & Glass, and Poynter's Tire & Auto Service. Each provides reliable services that the community can count on and support.
North Vernon Metro Area has an unemployment rate of 5.0%. The US average is 6.0%.
North Vernon Metro Area has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.
Tax Rates for North Vernon Metro Area
- The Sales Tax Rate for North Vernon Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for North Vernon 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 North Vernon Metro Area
- The average income of a North Vernon Metro Area resident is $28,018 a year. The US average is $37,638 a year.
- The Median household income of a North Vernon Metro Area resident is $63,612 a year. The US average is $69,021 a year.