Vallonia, Indiana is a small town located in Jackson County near the Ohio border with a population of around 530 people. The average two bedroom rental cost in Vallonia is $950, which is lower than the US average of $1,430. Grocery costs are also relatively inexpensive compared to other parts of the country; the grocery cost index in Vallonia is 95 versus 100 in the US.
The town of Vallonia has several local businesses that contribute to its economy and community. Some notable companies include M&M Lumber, Triple K Construction, JB Excavating and Contracting, Hillenbrand Auto Parts, Dillsboro Diesel Repair and many more. These companies make it possible for locals to find employment opportunities close to home and provide goods and services to the area.
Vallonia (zip 47281) has an unemployment rate of 4.0%. The US average is 6.0%.
Vallonia (zip 47281) has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.
Tax Rates for Vallonia (zip 47281)
- The Sales Tax Rate for Vallonia (zip 47281) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Vallonia (zip 47281) is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Vallonia (zip 47281)
- The average income of a Vallonia (zip 47281) resident is $30,376 a year. The US average is $37,638 a year.
- The Median household income of a Vallonia (zip 47281) resident is $59,861 a year. The US average is $69,021 a year.