Medora, IN 47260 is an ideal location to call home. The two bedroom rent is incredibly affordable at $970 compared to the national average of $1,430. Grocery cost index is also lower than the national average making for budget friendly living. With an abundance of local businesses, there are plenty of job and recreational opportunities in this charming town. Some popular local companies include Abbott's Candies, Medora Oil Company, and Lucas Funeral Home. All three have earned a reputation as reliable and trustworthy businesses in the Medora community.
Medora (zip 47260) has an unemployment rate of 4.0%. The US average is 6.0%.
Medora (zip 47260) has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.
Tax Rates for Medora (zip 47260)
- The Sales Tax Rate for Medora (zip 47260) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Medora (zip 47260) is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Medora (zip 47260)
- The average income of a Medora (zip 47260) resident is $22,491 a year. The US average is $37,638 a year.
- The Median household income of a Medora (zip 47260) resident is $57,644 a year. The US average is $69,021 a year.