Crane, IN (47522) is a small city located in the state of Indiana. It has an estimated population of fewer than 3,400 people. Living in Crane is quite affordable, with average 2-bedroom apartment rent for around $670 per month. That's significantly lower than the national average for 2-bedroom apartments at $1,430. The grocery cost index in Crane is also slightly lower than the US average at 89 versus 100 respectively.
Crane enjoys a vibrant business landscape as well. Companies like Crane Building & Supply, Whitham Lumber Company and Steel Tank Industries are just a few of the local businesses that serve this community. In addition to these companies, there are numerous other shops and restaurants in town that offer delicious food or special services. With low rental costs and relatively low grocery costs compared to other cities across the US, Crane is a great place to live for those looking for an affordable cost of living without sacrificing proximity to larger cities with more amenities nearby.
Crane (zip 47522) has an unemployment rate of 3.3%. The US average is 6.0%.
Crane (zip 47522) has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 34.3%, which is higher than the US average of 33.5%.
Tax Rates for Crane (zip 47522)
- The Sales Tax Rate for Crane (zip 47522) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Crane (zip 47522) 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 Crane (zip 47522)
- The average income of a Crane (zip 47522) resident is $23,276 a year. The US average is $37,638 a year.
- The Median household income of a Crane (zip 47522) resident is $67,689 a year. The US average is $69,021 a year.