Leesburg, IN Economy


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Leesburg, IN is a small city located in Northern Indiana. It is known for its rural setting and its affordable cost of living. The average two-bedroom rent in Leesburg is $850, which is much lower than the national average of $1,430. In addition to lower rent prices, the Grocery Cost Index in Leesburg is 96 versus 100 in the US. This makes groceries more affordable in Leesburg compared to other cities across the country. There are many local companies in Leesburg including Brownstown Lumber Inc., K&K Market, and Bowersox Farm Supply. All three businesses offer competitive prices and quality products to their customers.

Leesburg has an unemployment rate of 3.7%. The US average is 6.0%.

Leesburg has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 36.6%, which is higher than the US average of 33.5%.

Tax Rates for Leesburg
- The Sales Tax Rate for Leesburg is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Leesburg is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Leesburg
- The average income of a Leesburg resident is $19,031 a year. The US average is $28,555 a year.
- The Median household income of a Leesburg resident is $89,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLeesburg, IndianaUnited States
  3.76
  -6.0%-6.2%
  36.6%33.5%
  7.0%6.2%
  4.2%4.6%
  $27,910$37,638
  $89,875$69,021
  $96,333$85,028
  Population by Occupation
  5.1%1.2%
  1.7%0.5%
  7.1%6.8%
  42.7%10.0%
  0.0%2.5%
  4.0%11.0%
  3.4%4.8%
  0.0%0.8%
  0.0%1.9%
  4.2%4.7%
  0.0%1.9%
  0.3%7.6%
  0.0%0.1%
  0.0%4.2%
  3.7%9.3%
  7.6%14.0%
  1.4%2.1%
  4.5%7.0%
  11.9%4.8%
  2.5%4.7%
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