The small town of Waldron, Indiana, located in Shelby County has a population of roughly 919. The cost of renting a 2-bedroom apartment is around $1,000 which is lower than the US average of $1430. The Grocery Cost Index in the area is 93 compared to the national index of 100.
Waldron, IN provides easy access to the I-74 corridor and many employment opportunities in nearby towns. There are some excellent local businesses and companies like Green Valley Enterprises Inc., Blue Creek Farms LLC., Stobblefield Harvesting & Trucking, and Beck Excavating that employ locals and serve the surrounding area. As compared to other areas in the country, living costs in Waldron are quite affordable as there is little need for transportation since most places can be accessed within a few minutes’ drive. Furthermore, utilities such as water and electricity are also relatively low due to low demand and efficient delivery systems.
Waldron (zip 46182) has an unemployment rate of 4.0%. The US average is 6.0%.
Waldron (zip 46182) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.
Tax Rates for Waldron (zip 46182)
- The Sales Tax Rate for Waldron (zip 46182) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Waldron (zip 46182) is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Waldron (zip 46182)
- The average income of a Waldron (zip 46182) resident is $26,406 a year. The US average is $28,555 a year.
- The Median household income of a Waldron (zip 46182) resident is $57,236 a year. The US average is $69,021 a year.