Vincennes, IN Metro Area is a great place for people looking for an affordable cost of living. Rent for a two bedroom apartment in this area is $850 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Vincennes is 89 compared to 100 in the US. This allows individuals to save money on their daily necessities. Local companies such as Firestone Complete Auto Care can provide residents with jobs to help them support themselves while enjoying a lower cost of living. Vincennes is an excellent option for those who want to stretch their dollar further while still having plenty of opportunities to explore and enjoy life.
Vincennes Metro Area has an unemployment rate of 3.8%. The US average is 6.0%.
Vincennes Metro Area has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Vincennes Metro Area
- The Sales Tax Rate for Vincennes Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Vincennes Metro Area is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Vincennes Metro Area
- The average income of a Vincennes Metro Area resident is $21,801 a year. The US average is $28,555 a year.
- The Median household income of a Vincennes Metro Area resident is $51,784 a year. The US average is $69,021 a year.