Washington, IN (47501) has a much lower 2 Bedroom Rent than in the US with only $840 compared to $1,430. Grocery Cost Index is also at 90 compared to 100 nationally. As such, Washington offers a great opportunity for those looking to save money on housing and groceries. Companies such as Firestone Farms Meats and Bakery or Coburn Insurance Agency are local businesses in Washington that can offer assistance in finding savings. It's important for anyone looking at relocating to compare the cost of living in different locations so they can be sure they are making the right decision financially.
Washington (zip 47501) has an unemployment rate of 3.0%. The US average is 6.0%.
Washington (zip 47501) has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.
Tax Rates for Washington (zip 47501)
- The Sales Tax Rate for Washington (zip 47501) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Washington (zip 47501) 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 Washington (zip 47501)
- The average income of a Washington (zip 47501) resident is $25,680 a year. The US average is $37,638 a year.
- The Median household income of a Washington (zip 47501) resident is $51,424 a year. The US average is $69,021 a year.