Peru, IN Metro Area is a great place to live for people looking for a cost friendly option. The affordable housing cost of $830 per month for a two-bedroom apartment is significantly lower than the US average of $1,430, which makes it ideal for those on a budget. The local grocery cost index of 92 is also more reasonable than the US average of 100. This area has many local employers and businesses such as St Joseph's Regional Medical Center, Peruvian Connection, Harold E. Pyle Excavating Inc., and United Way of Miami County. Overall, Peru, IN Metro Area offers residents quality living at an affordable cost and provides numerous employment opportunities in the area.
Peru Metro Area has an unemployment rate of 5.2%. The US average is 6.0%.
Peru Metro Area has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Peru Metro Area
- The Sales Tax Rate for Peru Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Peru Metro Area is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Peru Metro Area
- The average income of a Peru Metro Area resident is $21,209 a year. The US average is $28,555 a year.
- The Median household income of a Peru Metro Area resident is $53,762 a year. The US average is $69,021 a year.