Amo, Indiana (46103) is a small town with a population of approximately 1,025 people. The median annual household income in Amo is $61,802, which is slightly higher than the US median income of $57,652. 2 bedroom rent in Amo is slightly lower than the US average at $1,310 per month versus $1,430 nationally. The Grocery Cost Index in Amo also compares favorably to the rest of the country at 94 compared to 100 nationally.
In terms of businesses located in Amo, some notable ones are C&A Tool Engineering Corp., Coatsville Manufacturing Co., and RJR Automotive Service India Ltd. All three companies have been locally-owned for generations and employ many locals within town limits.
Overall, the cost of living in Amo is generally lower than other parts of the country as seen with the rent and grocery index comparisons provided earlier. This makes it an attractive place to live for individuals looking for a more affordable lifestyle.
Amo (zip 46103) has an unemployment rate of 3.5%. The US average is 6.0%.
Amo (zip 46103) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 41.0%, which is higher than the US average of 33.5%.
Tax Rates for Amo (zip 46103)
- The Sales Tax Rate for Amo (zip 46103) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Amo (zip 46103) is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Amo (zip 46103)
- The average income of a Amo (zip 46103) resident is $25,767 a year. The US average is $37,638 a year.
- The Median household income of a Amo (zip 46103) resident is $77,188 a year. The US average is $69,021 a year.