46788 Spencerville, IN is an area that offers affordable living with a median 2 bedroom rent of $810 per month. This is significantly lower than the national average of $1,430 per month. The grocery cost index in this area is also below the US average at 95 versus 100. Local businesses in this area include Bob's Market and TD Pizza Delivery. Bob's Market has been in the community for 30 years offering fresh produce at competitive prices. TD Pizza Delivery has been delivering freshly made pizza to families for over 10 years. With its competitive rental rates and low cost of living, 46788 Spencerville, IN is a great place for people looking to save money while enjoying quality services from local businesses.
Spencerville (zip 46788) has an unemployment rate of 4.7%. The US average is 6.0%.
Spencerville (zip 46788) has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.
Tax Rates for Spencerville (zip 46788)
- The Sales Tax Rate for Spencerville (zip 46788) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Spencerville (zip 46788) is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Spencerville (zip 46788)
- The average income of a Spencerville (zip 46788) resident is $24,646 a year. The US average is $28,555 a year.
- The Median household income of a Spencerville (zip 46788) resident is $81,650 a year. The US average is $69,021 a year.