47881 Staunton, IN is an excellent place to live. It offers a low cost of living with 2 bedroom rent being only $870 compared to the US average of $1,430. Grocery costs are also lower than the rest of the US with a Grocery Cost Index of 90 versus 100 in the US. \nThe town has businesses such as RKL Sandblasting and Painting, Staunton Feed Store, Ullrich Plating Co., North Central Machine Tools and Manufacturing, and J W Machine & Fabrication. All these companies provide steady employment for locals and visitors alike. With its affordable housing prices and low grocery costs combined with local business opportunities, 47881 Staunton, IN is an ideal location to consider when looking for a place to call home.
Staunton (zip 47881) has an unemployment rate of 4.8%. The US average is 6.0%.
Staunton (zip 47881) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Staunton (zip 47881)
- The Sales Tax Rate for Staunton (zip 47881) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Staunton (zip 47881) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Staunton (zip 47881)
- The average income of a Staunton (zip 47881) resident is $21,130 a year. The US average is $37,638 a year.
- The Median household income of a Staunton (zip 47881) resident is $55,417 a year. The US average is $69,021 a year.