Falmouth, IN is a small city situated in eastern Indiana, with a population of around 1,500 people. The average rent for a two bedroom apartment here is $840 which is notably less than the national average rent of $1,430. Additionally, the Grocery Cost Index (GCI) of Falmouth is 89 versus 100 in the US. This means that groceries are 11% cheaper compared to other parts of the country.
The local companies in Falmouth include P & J Electric LLC, Stanley's Autobody & Alignment Inc., Kewanna Auto Sales, A-1 Appliance Repair and Service Center Inc., and Fye Construction LLC. All these companies offer essential services to the local community including electric repairs and installation, auto repairs and alignment services, car sales, appliance repairs and construction work.
Overall, Falmouth provides affordable housing options at an 11% discount on groceries compared to other parts of the country. Residents can also seek essential services from local companies operating within the city boundaries.
Falmouth (zip 46127) has an unemployment rate of 4.0%. The US average is 6.0%.
Falmouth (zip 46127) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 31.8%, which is lower than the US average of 33.5%.
Tax Rates for Falmouth (zip 46127)
- The Sales Tax Rate for Falmouth (zip 46127) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Falmouth (zip 46127) is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Falmouth (zip 46127)
- The average income of a Falmouth (zip 46127) resident is $15,588 a year. The US average is $37,638 a year.
- The Median household income of a Falmouth (zip 46127) resident is $0 a year. The US average is $69,021 a year.