Clarksville, IN Economy


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Clarksville, IN is a small city in Indiana with a population of about 22,000 people. It is known for its relatively low cost of living compared to the rest of the United States. Rent prices for a two-bedroom apartment are $1000 per month, which is substantially lower than the national average of $1430. The grocery cost index in Clarksville is also 94 versus 100 in the US, making it more affordable to shop for groceries here than many other parts of the country. Local businesses include KFC, Pizza Hut, O’Reilly Auto Parts and Walmart Supercenter.

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

Clarksville 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 36.3%, which is higher than the US average of 33.5%.

Tax Rates for Clarksville
- The Sales Tax Rate for Clarksville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Clarksville 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 Clarksville
- The average income of a Clarksville resident is $21,602 a year. The US average is $28,555 a year.
- The Median household income of a Clarksville resident is $49,892 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClarksville, IndianaUnited States
  4.46
  -5.9%-6.2%
  36.3%33.5%
  7.0%6.2%
  5.2%4.6%
  $28,190$37,638
  $49,892$69,021
  $70,383$85,028
  Population by Occupation
  0.0%1.2%
  0.1%0.5%
  6.9%6.8%
  15.9%10.0%
  0.8%2.5%
  13.0%11.0%
  4.9%4.8%
  0.8%0.8%
  1.7%1.9%
  6.2%4.7%
  0.4%1.9%
  3.9%7.6%
  0.0%0.1%
  4.2%4.2%
  5.2%9.3%
  13.1%14.0%
  1.5%2.1%
  11.0%7.0%
  4.2%4.8%
  6.3%4.7%
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