Hartford City, IN (47348) is a small city located in Blackford County with a population of about 6,400 inhabitants. Local companies such as JMS Plumbing & Heating, Kraft Meats Inc., and The Flower Basket are well known in the area. The cost of living in Hartford City is notably lower than that of the United States in general. For example, 2 bedroom rents are $880 compared to $1,430 nationwide. Furthermore, the Grocery Cost Index is 91 versus 100 for the US overall. Thus Hartford City proves to be a great spot for those looking to save on housing and groceries while still enjoying all that a city has to offer.
Hartford City (zip 47348) has an unemployment rate of 4.9%. The US average is 6.0%.
Hartford City (zip 47348) has seen the job market decrease by -7.6% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Hartford City (zip 47348)
- The Sales Tax Rate for Hartford City (zip 47348) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hartford City (zip 47348) 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 Hartford City (zip 47348)
- The average income of a Hartford City (zip 47348) resident is $24,773 a year. The US average is $37,638 a year.
- The Median household income of a Hartford City (zip 47348) resident is $42,883 a year. The US average is $69,021 a year.