Lewisville, IN is a small community located in southern Indiana. It has a population of fewer than 1,000 people, and is known for its scenic landscapes and rural charm. The cost of living in Lewisville is quite low, with two bedroom rent averaging $810, substantially lower than the US average of $1,430. Additionally, the Grocery Cost Index in Lewisville stands at 92 versus 100 in the US.
The area's economy is largely composed of local businesses like Star Liquor Store & Carryout, Lewisville Lumber Company Inc., and Cattleman’s Feed Store. These companies are popular among locals and visitors alike. Residents of Lewisville appreciate the hometown feel these businesses provide to the town's small-town appeal.
Lewisville has an unemployment rate of 4.3%. The US average is 6.0%.
Lewisville has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.
Tax Rates for Lewisville
- The Sales Tax Rate for Lewisville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lewisville is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lewisville
- The average income of a Lewisville resident is $17,266 a year. The US average is $28,555 a year.
- The Median household income of a Lewisville resident is $47,083 a year. The US average is $69,021 a year.