Gentryville, IN Economy


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United States / Indiana / No Metro Area / Spencer County / Gentryville / Zip Codes
Gentryville, IN is a quiet, rural town located in Spencers County. The small population of the town makes it an ideal place to live for those looking for a peaceful and relaxed atmosphere that isn't overcrowded. Rent in Gentryville is much lower than the national average at $890 per two bedroom rental, making it even more attractive to potential residents. Grocery costs are also relatively low with a grocery cost index of 92 compared to the US average of 100. Popular local companies include Gentryville Supply Co., a hardware store that offers many household products; Okeson Farm Store, where locals can purchase fresh produce; and Turner's Auto Repair & Service, which specializes in car repairs for the area. With its low prices and numerous businesses, Gentryville is an appealing place to call home.

Gentryville has an unemployment rate of 4.3%. The US average is 6.0%.

Gentryville has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.

Tax Rates for Gentryville
- The Sales Tax Rate for Gentryville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Gentryville is 4.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Gentryville
- The average income of a Gentryville resident is $18,618 a year. The US average is $28,555 a year.
- The Median household income of a Gentryville resident is $41,549 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGentryville, IndianaUnited States
  4.36
  -7.3%-6.2%
  26.2%33.5%
  7.0%6.2%
  4.0%4.6%
  $24,541$37,638
  $41,549$69,021
  $47,917$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.3%6.8%
  57.1%10.0%
  0.0%2.5%
  5.7%11.0%
  4.3%4.8%
  0.0%0.8%
  0.0%1.9%
  1.4%4.7%
  5.7%1.9%
  1.4%7.6%
  0.0%0.1%
  0.0%4.2%
  10.0%9.3%
  0.0%14.0%
  0.0%2.1%
  5.7%7.0%
  2.9%4.8%
  1.4%4.7%
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