46070 Summitville, IN is a small town located in Madison county with a population of just over 2, 200 people. It is a quiet and friendly town that offers affordable housing for those who are looking to move. The average two bedroom rent rate in 46070 Summitville is $830 which is much lower than the national average of $1430. Additionally, the grocery cost index in this area is 92 versus 100 in the US.
Companies found within 46070 Summitville include First Merchants Bank, Grote Automotive Group, K&R Industrial Services and Primex Plastics Corporation. The close proximity of these businesses provide local employment opportunities for residents living within the area. With its low living costs and friendly locals, 46070 Summitville is an ideal place to call home.
Summitville (zip 46070) has an unemployment rate of 5.4%. The US average is 6.0%.
Summitville (zip 46070) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.
Tax Rates for Summitville (zip 46070)
- The Sales Tax Rate for Summitville (zip 46070) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Summitville (zip 46070) 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 Summitville (zip 46070)
- The average income of a Summitville (zip 46070) resident is $26,146 a year. The US average is $37,638 a year.
- The Median household income of a Summitville (zip 46070) resident is $60,417 a year. The US average is $69,021 a year.