Harrodsburg, IN Economy


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Harrodsburg, IN is a charming small town located in the central region of Indiana. The town offers an affordable cost of living compared to the average US spend. It has lower rental rates for two bedroom apartments which are $1,030 compared to the US average rent of $1,430. Grocery costs are also low indexing at 95 versus a 100 in the US making it very appealing for those on a budget. Local companies include the David H. Burks American Legion Post 233 which offers community support programs such as veterans’ advocacy services and other general initiatives to help members of the local community. Harrodsburg also has great amenities like Dairy Queen, Ponderosa Steakhouse and Marmara Mediterranean Grill for locals and visitors alike to enjoy.

Harrodsburg has an unemployment rate of 4.1%. The US average is 6.0%.

Harrodsburg has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Harrodsburg
- The Sales Tax Rate for Harrodsburg is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Harrodsburg is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Harrodsburg
- The average income of a Harrodsburg resident is $19,481 a year. The US average is $28,555 a year.
- The Median household income of a Harrodsburg resident is $64,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHarrodsburg, IndianaUnited States
  4.16
  -5.4%-6.2%
  24.2%33.5%
  7.0%6.2%
  4.6%4.6%
  $36,307$37,638
  $64,000$69,021
  $70,000$85,028
  Population by Occupation
  0.0%1.2%
  5.2%0.5%
  0.0%6.8%
  19.4%10.0%
  0.0%2.5%
  10.3%11.0%
  4.7%4.8%
  4.3%0.8%
  0.0%1.9%
  6.0%4.7%
  0.0%1.9%
  5.6%7.6%
  0.0%0.1%
  0.0%4.2%
  22.0%9.3%
  4.3%14.0%
  0.0%2.1%
  0.0%7.0%
  14.7%4.8%
  3.4%4.7%
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