Dubois County Among Best Places in Indiana to Save Money

(NNDC) –

Studies show 1 in 5 working Americans don’t have any savings. Saving money depends on a combination of your income, cost of living, purchasing power and taxes. Where you live impacts all of those factors. In its second annual study, SmartAsset, a New York financial technology company, considered those metrics to determine the best places to save money.

For a look at how Dubois County performed compared to other counties in Indiana, check out the table below:

Rank County Median Household Income Cost of Living Purchasing Power Estimated Tax Rate Best Places to Save Index
1 Hamilton, IN $90,582 $32,189 2.81 17.19% 81.78
2 Boone, IN $75,591 $32,189 2.35 17.19% 64.83
3 Hendricks, IN $74,245 $32,189 2.31 17.57% 62.51
4 Hancock, IN $70,973 $32,189 2.20 17.81% 58.32
5 Warrick, IN $66,080 $30,977 2.13 16.71% 57.99
6 Porter, IN $65,979 $32,729 2.02 16.71% 53.72
7 Johnson, IN $65,272 $32,189 2.03 17.19% 53.16
8 Dearborn, IN $62,905 $31,553 1.99 16.80% 52.71
9 Posey, IN $60,992 $30,977 1.97 17.19% 51.02
10 Dubois, IN $57,307 $30,209 1.90 17.19% 48.40

 

Dubois County Ranked #10 in the state, you can find more information on the study, including the methodology and interactive map here: https://smartasset.com/checking-account/bank-reviews#Indiana

Thanks again to Steve Stabato Public Relations Manager of smartasset.com.

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