Markleville, IN Economy


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Markleville, IN is a small town located in Madison County that offers its residents a peaceful, safe atmosphere to live in. The cost of living here is quite reasonable compared to the national average; for example, rent for two-bedroom homes is nearly $500 less than the US average of $1,430 and the Grocery Cost Index here is 94 versus 100 in the US. Residents of Markleville have access to a variety of local businesses such as Markleville Hardware, Markleville Auto Parts Store, and Country Sunflower Florist that offer goods and services tailored to their needs. All in all, Markleville provides its residents with a great quality of life at an affordable cost.

Markleville has an unemployment rate of 5.4%. The US average is 6.0%.

Markleville has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.

Tax Rates for Markleville
- The Sales Tax Rate for Markleville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Markleville is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Markleville
- The average income of a Markleville resident is $19,823 a year. The US average is $28,555 a year.
- The Median household income of a Markleville resident is $76,094 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMarkleville, IndianaUnited States
  5.46
  -4.8%-6.2%
  35.4%33.5%
  7.0%6.2%
  5.0%4.6%
  $24,177$37,638
  $76,094$69,021
  $77,917$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  13.4%6.8%
  9.2%10.0%
  1.3%2.5%
  27.5%11.0%
  0.7%4.8%
  0.7%0.8%
  3.3%1.9%
  2.0%4.7%
  0.7%1.9%
  2.0%7.6%
  0.0%0.1%
  1.3%4.2%
  5.2%9.3%
  5.9%14.0%
  6.2%2.1%
  8.2%7.0%
  0.0%4.8%
  12.7%4.7%
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