Thorntown, Indiana is an ideal place for those looking for a more affordable lifestyle. This city of approximately 46071 people offers 2 bedroom rent at $980, which is considerably lower than the US average of $1,430. Additionally, groceries cost index in Thorntown is 95 compared to the US' 100. Those who call Thorntown home enjoy the benefits of living in a small town with big city amenities. Local companies such as Thornton Bank and Trust, Thornton Automotive Inc., and Thornton Manufacturing provide job opportunities for residents. Local resources like the Lebanon Public Library offer educational opportunities for children, teens, and adults alike!
Thorntown (zip 46071) has an unemployment rate of 3.1%. The US average is 6.0%.
Thorntown (zip 46071) has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 41.9%, which is higher than the US average of 33.5%.
Tax Rates for Thorntown (zip 46071)
- The Sales Tax Rate for Thorntown (zip 46071) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Thorntown (zip 46071) 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 Thorntown (zip 46071)
- The average income of a Thorntown (zip 46071) resident is $25,608 a year. The US average is $28,555 a year.
- The Median household income of a Thorntown (zip 46071) resident is $81,667 a year. The US average is $69,021 a year.