COST OF LIVING
Your money will go farther in Jackson County. The cost of living is 13% below the national average. It’s one of the least expensive places to live in the nation.
Sources used for data collection: U.S. Census Bureau, Indiana Business Research Center, Indiana Department of Revenue, State Board of Tax Commissioners, U.S. Bureau of Economic Analysis and Indiana Department of Education.
We know our location is the primary reason why so many national and international businesses have chosen to locate in Jackson County, but our low cost of living is what helps them prosper here. Indiana — and especially Jackson County — is one of the least expensive places to live in the nation with housing costs well below the national average.
- The cost of living index in Jackson County was 87% – 13% lower than the U.S. average.
- The median home cost in Jackson County is $117,100. Per capita income is $36,200, which includes all adults and children, median household income is $46,501 and median family income is $56,297.
- Jackson County sales tax rate is 7%, and the income tax rate is 3.3%.
Living in Jackson County means a comfortable blend of historic neighborhoods, suburban communities and rural landscapes, all at a cost of living below the national average.
| COST OF LIVING | Jackson County, Indiana | United States |
| Overall | 87 | 100 |
| Grocery | 92.6 | 100 |
| Health | 96 | 100 |
| Housing | 69 | 100 |
| Utilities | 89 | 100 |
| Transportation | 100 | 100 |
| Miscellaneous | 96 | 100 |
Source: bestplaces.net/cost_of_living
INDIANA ADVANTAGES
- Indiana’s ranks 5th in nation in Cost of Doing Business, CNBC America’sTop States for Business, 2018
- Indiana ranks #1 in the Midwest and #5 nationally on Chief Executive’s “Best States for Business”
- Indiana ranks 3rd nationally in Best States for Regulatory Environment, Forbes, 2018
- Indiana ranks #2 in nation in Best States for Long-Term Fiscal Stability, US News & World Report, 2018
- Indiana ranks #2 nationally in State Infrastructure, CNBC State on State Infrastructure Ranking, 2018
- Indiana ranks 10th nationally in The Tax Foundation 2019 State Business Tax Climate Index
- Indiana ranks #2 nationally in Property Tax Index Rank, The Tax Foundation, 2019
- Indiana became a Right-To-Work State in February 2012, the first state in the industrial Midwest to pass the legislation.
- Indiana is one of only 11 states to earn AAA credit rating from all three major credit rating agencies (S&P, Fitch, Moody’s).
DATA IN DETAIL
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