Rome, Indiana (47574) is a great place to live for those looking for a more affordable cost of living than other parts of the United States. The 2 bedroom rent in Rome is $830, which is significantly lower than the average of $1,430 in the US. Similarly, grocery costs are 92 versus a US index of 100. Local businesses in Rome that can help residents with their needs include local favorites such as Shearer’s Hometown Market, Boggs Pharmacy & Gift Shop, and Rome Liquor Store. With a lower cost of living than elsewhere in the country and excellent small businesses to provide needed services, it’s easy to see why many make their home in Rome.
Rome (zip 47574) has an unemployment rate of 4.2%. The US average is 6.0%.
Rome (zip 47574) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for Rome (zip 47574)
- The Sales Tax Rate for Rome (zip 47574) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rome (zip 47574) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Rome (zip 47574)
- The average income of a Rome (zip 47574) resident is $17,656 a year. The US average is $28,555 a year.
- The Median household income of a Rome (zip 47574) resident is $80,625 a year. The US average is $69,021 a year.