Gwynneville, Indiana is a small town with approximately 2,500 residents. Located in Hancock County, this charming town offers an affordable cost of living while providing its residents with access to local amenities and services. The average two bedroom rent in Gwynneville is $950, considerably lower than the national average of $1,430. Additionally, the Grocery Cost Index in Gwynneville is 91 versus 100 in the US.
Residents of Gwynneville have easy access to stores such as Walmart and Meijer for groceries and home essentials, as well as local businesses like Smock's Supermarket and Lucky Fortune Chinese Restaurant for more specialized items. Many businesses also offer online ordering capabilities for convenient shopping from home. With the cost of living being so low compared to other areas, it's no wonder that people are choosing Gwynneville as their ideal place to live.
Gwynneville (zip 46144) has an unemployment rate of 4.0%. The US average is 6.0%.
Gwynneville (zip 46144) 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 Gwynneville (zip 46144)
- The Sales Tax Rate for Gwynneville (zip 46144) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Gwynneville (zip 46144) 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 Gwynneville (zip 46144)
- The average income of a Gwynneville (zip 46144) resident is $20,564 a year. The US average is $28,555 a year.
- The Median household income of a Gwynneville (zip 46144) resident is $94,688 a year. The US average is $69,021 a year.