Centerville, IN Economy


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Centerville, IN is a great city for those looking to save money while still enjoying all the amenities of city life. The cost of rent for a two-bedroom apartment is only $850 per month compared to the US average of $1,430. Groceries are also more affordable with the grocery cost index in Centerville being 92 compared to 100 in the US. Residents have access to several local businesses providing goods and services including Tippy Valley Pharmacy, JS Automotive Repair, and Centerville Florist. All these factors make Centerville a great place for those looking to get more bang for their buck.

Centerville has an unemployment rate of 4.7%. The US average is 6.0%.

Centerville has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.

Tax Rates for Centerville
- The Sales Tax Rate for Centerville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Centerville is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Centerville
- The average income of a Centerville resident is $23,001 a year. The US average is $28,555 a year.
- The Median household income of a Centerville resident is $47,563 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCenterville, IndianaUnited States
  4.76
  -6.4%-6.2%
  29.7%33.5%
  7.0%6.2%
  4.7%4.6%
  $25,254$37,638
  $47,563$69,021
  $58,229$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.0%6.8%
  23.5%10.0%
  0.9%2.5%
  9.0%11.0%
  4.6%4.8%
  0.0%0.8%
  0.0%1.9%
  0.7%4.7%
  1.7%1.9%
  1.3%7.6%
  0.0%0.1%
  1.8%4.2%
  8.3%9.3%
  26.5%14.0%
  0.4%2.1%
  4.4%7.0%
  8.1%4.8%
  3.8%4.7%
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