46946 Liberty Mills, IN is a small town in Indiana located near the Wabash River. It is home to a few local companies including Emrick Stone Company, H.W. Lumber Company, and Franciscan Health-Rensselaer Hospital. The town has many amenities such as parks, green spaces, and bike trails that provide plenty of outdoor recreation opportunities. Additionally, there are several restaurants and shops in the area where locals can find all types of goods and services. The 2 bedroom rent in Liberty Mills is $840 which is much lower than the US average of $1,430 while grocery costs index is 92 versus 100 in the US making Liberty Mills one of the most affordable places to live in the region.
Liberty Mills (zip 46946) has an unemployment rate of 3.8%. The US average is 6.0%.
Liberty Mills (zip 46946) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for Liberty Mills (zip 46946)
- The Sales Tax Rate for Liberty Mills (zip 46946) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Liberty Mills (zip 46946) is 6.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Liberty Mills (zip 46946)
- The average income of a Liberty Mills (zip 46946) resident is $17,691 a year. The US average is $37,638 a year.
- The Median household income of a Liberty Mills (zip 46946) resident is $49,097 a year. The US average is $69,021 a year.