Geneva, IN is a small town situated in Adams County with a population of 46740. It is known for its affordable housing options and relatively low cost of living compared to other parts of the country. The average 2 bedroom rent in Geneva is only $850 per month while the US average 2 bedroom rent is $1,430, making it an attractive option for those looking to save money on rent. Additionally, many items that are purchased at grocery stores have a lower Grocery Cost Index than the national average, with the index being 91 versus 100 in the US. Those looking to shop local can find many different stores and shops in Geneva such as Family Dollar, Main Street Mercantile & Marketplace, and Geneva Country Store & Bakery.
Geneva (zip 46740) has an unemployment rate of 3.0%. The US average is 6.0%.
Geneva (zip 46740) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.
Tax Rates for Geneva (zip 46740)
- The Sales Tax Rate for Geneva (zip 46740) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Geneva (zip 46740) is 4.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Geneva (zip 46740)
- The average income of a Geneva (zip 46740) resident is $13,911 a year. The US average is $28,555 a year.
- The Median household income of a Geneva (zip 46740) resident is $55,750 a year. The US average is $69,021 a year.