Huntingburg, IN is a small town with a population of about 4,754. The median 2 Bedroom rent in Huntingburg is quite affordable at $850 compared to the US average of $1,430. Grocery prices in Huntingburg are also lower than the average with an index of 92 versus 100 in the US. Local businesses that contribute to the economy include Grote Industries, which manufactures automotive lighting products, and Masterbrand Cabinets, which produces kitchen cabinets. Additionally, several farmers markets can be found throughout the city. Although there is not much entertainment around town it has a very low cost of living and its citizens enjoy a peaceful life away from any hustle and bustle.
Huntingburg (zip 47542) has an unemployment rate of 3.4%. The US average is 6.0%.
Huntingburg (zip 47542) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Huntingburg (zip 47542)
- The Sales Tax Rate for Huntingburg (zip 47542) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Huntingburg (zip 47542) is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Huntingburg (zip 47542)
- The average income of a Huntingburg (zip 47542) resident is $22,457 a year. The US average is $28,555 a year.
- The Median household income of a Huntingburg (zip 47542) resident is $56,670 a year. The US average is $69,021 a year.