Kouts, Indiana is a small town of just over 1,000 people. It situated in Porter County and is a short drive from Chicago. Despite its small size, Kouts is renowned for its affordability. The average rent for a two-bedroom apartment in Kouts is $1,030, which is significantly lower than the U.S. average of $1,430. Grocery costs are also quite affordable in Kouts with an index rating of 96 compared to 100 in the United States.
Kouts boasts many local businesses that make the town feel more like home including Main Street Café & Bakery, Kouts Feed & Grain Co., and Yoder’s Tire Center. The town offers plenty of amenities such as outdoor trails for biking and hiking, fishing areas along nearby lakes, and parks with playgrounds for kids.
Kouts (zip 46347) has an unemployment rate of 5.3%. The US average is 6.0%.
Kouts (zip 46347) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Kouts (zip 46347)
- The Sales Tax Rate for Kouts (zip 46347) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Kouts (zip 46347) is 3.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Kouts (zip 46347)
- The average income of a Kouts (zip 46347) resident is $25,844 a year. The US average is $28,555 a year.
- The Median household income of a Kouts (zip 46347) resident is $79,940 a year. The US average is $69,021 a year.