Fairmount, IN
Discover how far your salary goes in Fairmount. Compare taxes, rent, and living costs.
2,682
3.1%
$952
/month
-32%
below avg
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Rent Prices in Fairmount
Studio
$762
/month
$9,144/year
1 Bedroom
$952
/month
$11,424/year
2 Bedroom
$1,285
/month
$15,420/year
3 Bedroom
$1,666
/month
$19,992/year
Taxes in Indiana
State Income Tax
Indiana
For a $100k salary, that's ~$3,150/year in state taxes.
Federal Income Tax
Same nationwide
Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.
Learn how tax brackets workFrequently Asked Questions
What is the cost of living in Fairmount, IN?▼
Fairmount has a cost of living index of 88, which is 12% below the national average. A 1-bedroom apartment costs around $952/month.
What is the state income tax in Indiana?▼
Indiana has a state income tax rate of approximately 3.1%. This is in addition to federal income tax.
How much is rent in Fairmount?▼
The median rent for a 1-bedroom apartment in Fairmount is $952/month. For a 2-bedroom, expect to pay around $1,285/month. This is 32% below the national average.
Is Fairmount a good place to live?▼
Fairmount is a small town with a population of 2,682. The cost of living is below average, making it more affordable than average for the US.
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