The small town of 47558 Montgomery, IN has a 2 Bedroom Rent of $880, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in 47558 Montgomery is 95 versus 100 in the US. This makes it an attractive option for families and people looking to save money on rent and groceries. There are numerous local companies providing services to residents of this community including Perfectly Painted Interiors, Montgomery Hardware & Supply, and ReMax Realty Group. With its reasonable cost of living and variety of local businesses, 47558 Montgomery is a great place to call home.
Montgomery (zip 47558) has an unemployment rate of 3.0%. The US average is 6.0%.
Montgomery (zip 47558) has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Montgomery (zip 47558)
- The Sales Tax Rate for Montgomery (zip 47558) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Montgomery (zip 47558) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Montgomery (zip 47558)
- The average income of a Montgomery (zip 47558) resident is $21,759 a year. The US average is $37,638 a year.
- The Median household income of a Montgomery (zip 47558) resident is $66,415 a year. The US average is $69,021 a year.