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Herbst, IN Economy


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Herbst, IN is a small town situated in the midwest of the United States. It is known for its affordable rent and cost of living; two bedroom apartments can be rented for only $750 per month. Furthermore, the Grocery Cost Index in Herbst, IN is 89 versus an index of 100 in the US. This means that shoppers here get more for their money. Local companies in Herbst include Big Perry鈥檚 Hardware store, where customers find everything from tools to furniture; Joe鈥檚 Sports shop, which offers a wide selection of sporting equipment and apparel; and Hillside Auto Repair shop, where customers can get quality auto repair services. All these businesses provide Herbst citizens with necessary goods and services at competitive prices.

Herbst has an unemployment rate of 4.4%. The US average is 6.0%.

Herbst 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 Herbst
- The Sales Tax Rate for Herbst is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Herbst is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Herbst
- The average income of a Herbst resident is $37,496 a year. The US average is $37,638 a year.
- The Median household income of a Herbst resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHerbst, IndianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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