Shepardsville, IN Economy


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Shepardsville, IN is a small city located in Indiana that offers a lower cost of living than the US average. The average 2-bedroom rent in Shepardsville is $820, compared to $1,430 nationally. Similarly, the Grocery Cost Index in Shepardsville is 91 versus 100 in the US, making it an affordable place to live. The city has many local businesses such as T&T Autosales LLC, Patrick Washington Attorney at Law, and Show Out Barber Shop. Overall, Shepardsville provides residents with many benefits for an affordable cost.

Shepardsville has an unemployment rate of 5.6%. The US average is 6.0%.

Shepardsville has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.

Tax Rates for Shepardsville
- The Sales Tax Rate for Shepardsville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Shepardsville 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 Shepardsville
- The average income of a Shepardsville resident is $29,475 a year. The US average is $37,638 a year.
- The Median household income of a Shepardsville resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShepardsville, IndianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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