Greencastle, IN Economy


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Greencastle, IN is a wonderful city to call home with great amenities and reasonable affordability. The median two bedroom rent is $880 compared to the US median of $1430. And when it comes to groceries, even better news - the Grocery Cost Index in Greencastle is 94, making it cheaper than the US average of 100. There are lots of local companies making Greencastle a great place to live. For example, Putnam Inn & Suites provides visitors with comfortable accommodations and amenities such as an outdoor pool, fitness center, complimentary breakfast buffet and free high-speed wireless internet access. Country Market offers fresh produce straight from farmers plus a deli and bakery full of delicious treats! Whether you’re looking for entertainment or shopping, Cottage Antiques features unique antique items from all over the world while Hollywood Casino & Lawrenceburg Event Center offers year-round gaming fun and spectacular concerts.

Greencastle has an unemployment rate of 4.2%. The US average is 6.0%.

Greencastle has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.

Tax Rates for Greencastle
- The Sales Tax Rate for Greencastle is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Greencastle 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 Greencastle
- The average income of a Greencastle resident is $17,362 a year. The US average is $28,555 a year.
- The Median household income of a Greencastle resident is $47,091 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreencastle, IndianaUnited States
  4.26
  -4.8%-6.2%
  35.1%33.5%
  7.0%6.2%
  5.2%4.6%
  $21,660$37,638
  $47,091$69,021
  $57,227$85,028
  Population by Occupation
  0.9%1.2%
  0.5%0.5%
  3.5%6.8%
  14.4%10.0%
  5.7%2.5%
  11.6%11.0%
  6.1%4.8%
  0.0%0.8%
  0.2%1.9%
  0.9%4.7%
  1.8%1.9%
  2.8%7.6%
  0.4%0.1%
  0.5%4.2%
  23.5%9.3%
  10.9%14.0%
  1.2%2.1%
  9.3%7.0%
  4.5%4.8%
  1.3%4.7%
Reviews for Greencastle
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Over 2 years ago

I have grown up in the small town of Greencastle and it is quite amazing really. Very green and not bad traffic though there is some. Regardless I recommend living here  More

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