New Paris, IN, with a population of 4,6553 is an affordable place to live. The average 2 bedroom rent in New Paris is $950 compared to the US average of $1,430. Grocery costs are also more affordable here with a grocery cost index of 95 compared to 100 for the US. Companies in the area include B&T Home Design LLC, which offers home design products and services; BP Trucking & Bulk Solutions LLC, which provides trucking and bulk hauling services; and Hahn Electric Services Inc., which specializes in electrical repairs and installations.
New Paris (zip 46553) has an unemployment rate of 3.5%. The US average is 6.0%.
New Paris (zip 46553) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 53.7%, which is higher than the US average of 33.5%.
Tax Rates for New Paris (zip 46553)
- The Sales Tax Rate for New Paris (zip 46553) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Paris (zip 46553) is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Paris (zip 46553)
- The average income of a New Paris (zip 46553) resident is $25,023 a year. The US average is $37,638 a year.
- The Median household income of a New Paris (zip 46553) resident is $77,277 a year. The US average is $69,021 a year.