Plainville, IN Economy


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Plainville, IN is a small town located in Boone County in the state of Indiana. The town's population is relatively small, and it is known for its affordability and low cost of living. For example, the average two bedroom rent is $860 per month compared to the US average of $1,430. The Grocery Cost Index here is also lower than most other cities, at 90 versus 100 in the US. Plainville offers plenty of local companies for residents to visit such as Anderson's General Store, Blue River Market, and Plainville Hardware Store. These businesses offer high quality products and services to help make life easier for all who live in the area.

Plainville has an unemployment rate of 3.0%. The US average is 6.0%.

Plainville 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 34.8%, which is higher than the US average of 33.5%.

Tax Rates for Plainville
- The Sales Tax Rate for Plainville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Plainville 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 Plainville
- The average income of a Plainville resident is $17,207 a year. The US average is $28,555 a year.
- The Median household income of a Plainville resident is $39,196 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPlainville, IndianaUnited States
  36
  -2.7%-6.2%
  34.8%33.5%
  7.0%6.2%
  4.7%4.6%
  $23,476$37,638
  $39,196$69,021
  $44,625$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  4.3%6.8%
  23.6%10.0%
  2.1%2.5%
  4.3%11.0%
  7.9%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  17.1%4.2%
  2.1%9.3%
  8.6%14.0%
  0.0%2.1%
  12.1%7.0%
  3.6%4.8%
  12.9%4.7%
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