Jeffersonville, IN is a city in Clark County located just across the Ohio River from Louisville, Kentucky. It has an estimated population of around 50,000 with many families taking advantage of its affordable cost of living. 2 bedroom rent in Jeffersonville is $1,050 per month compared to the average US rent of $1,430 and its Grocery Cost Index (GCI) is 94 which is slightly lower than the US index.
The city has a vibrant local economy with businesses such as Aspialle Technologies Inc., Cavanaugh Bell Technology Group and the KGA Architecture firm all headquartered here. Other notable companies based in Jeffersonville are New Albany-Jeffersonville-Floyds Knobs Chamber of Commerce, Precision Strip Inc., and Renewal by Andersen Corporation. With its great location and low cost of living, it makes for a great place for individuals and families to live and work.
Jeffersonville has an unemployment rate of 4.6%. The US average is 6.0%.
Jeffersonville has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.
Tax Rates for Jeffersonville
- The Sales Tax Rate for Jeffersonville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Jeffersonville is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Jeffersonville
- The average income of a Jeffersonville resident is $25,712 a year. The US average is $28,555 a year.
- The Median household income of a Jeffersonville resident is $60,110 a year. The US average is $69,021 a year.