Sweetser, Indiana is a small town located in Grant County with a population of 46987 people. The cost of living is relatively low when compared to the US as a whole. For instance, the median 2 bedroom rent in Sweetser is $840, which is significantly lower than the US median rent of $1,430. Similarly, the local Grocery Cost Index in Sweetser is 92 versus 100 in the US.
The small town is home to some great family-run businesses such as Sweetser Lumber Company, Sweetser Auto Parts and Sales and Sweetdairy Farm. These businesses provide locals with necessary affordable products and services. In addition to these business, there are also some locally owned restaurants that serve delicious cuisine ranging from pizza to Mexican food.
Overall, Sweetser provides its residents with an excellent quality of life at an affordable price point when compared to other parts of the country.
Sweetser (zip 46987) has an unemployment rate of 4.4%. The US average is 6.0%.
Sweetser (zip 46987) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Sweetser (zip 46987)
- The Sales Tax Rate for Sweetser (zip 46987) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sweetser (zip 46987) 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 Sweetser (zip 46987)
- The average income of a Sweetser (zip 46987) resident is $28,090 a year. The US average is $37,638 a year.
- The Median household income of a Sweetser (zip 46987) resident is $69,375 a year. The US average is $69,021 a year.