46988 Twelve Mile, IN is a great place to live due to its competitive rent and low cost of living. The average 2 bedroom rent in 46988 Twelve Mile is $820, significantly lower than the US average of $1430. Grocery Cost Index in this small town is 92 compared to 100 in the US. This means that local residents get more bang for their buck when purchasing goods and services from local companies. Some of these include Lucky Lanes Bowling Alley, Country Kettle Restaurant, and C & R Hardware. Prices at Lucky Lanes are reasonable with a game costing $3.50 per person and shoe rental at just $2 per person. Country Kettle Restaurant serves up amazing southern cuisine with entrees ranging from $9-$18. At C & R Hardware you can find anything you need for your home repair projects ranging from $5-$200.
Twelve Mile (zip 46988) has an unemployment rate of 4.4%. The US average is 6.0%.
Twelve Mile (zip 46988) 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 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Twelve Mile (zip 46988)
- The Sales Tax Rate for Twelve Mile (zip 46988) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Twelve Mile (zip 46988) is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Twelve Mile (zip 46988)
- The average income of a Twelve Mile (zip 46988) resident is $32,111 a year. The US average is $28,555 a year.
- The Median household income of a Twelve Mile (zip 46988) resident is $48,472 a year. The US average is $69,021 a year.