Lawrence County, IN Economy


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United States / Indiana / Bedford / Lawrence County / Cities / Zip Codes
Lawrence, IN County is a great place to live, work, and play. The cost of living is affordable in the area with the 2 bedroom rent coming in at $860 compared to the national average of $1,430. Grocery costs are also lower than the US average according to the Cost Index at 93. Businesses like Walmart and Dollar General have locations in this county so you can get all your shopping needs taken care of. Other popular businesses located in Lawrence, IN County include Subway, Burger King and Arby’s for dining out options as well as CVS Pharmacy and Walgreens for health care needs.

Lawrence County has an unemployment rate of 4.7%. The US average is 6.0%.

Lawrence County has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.

Tax Rates for Lawrence County
- The Sales Tax Rate for Lawrence County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lawrence County 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 Lawrence County
- The average income of a Lawrence County resident is $23,046 a year. The US average is $28,555 a year.
- The Median household income of a Lawrence County resident is $60,041 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLawrence, IndianaUnited States
  4.76
  -5.5%-6.2%
  34.2%33.5%
  7.0%6.2%
  5.0%4.6%
  $30,023$37,638
  $60,041$69,021
  $73,567$85,028
  Population by Occupation
  0.9%1.2%
  0.6%0.5%
  7.4%6.8%
  23.4%10.0%
  0.4%2.5%
  10.1%11.0%
  3.2%4.8%
  0.9%0.8%
  0.9%1.9%
  3.4%4.7%
  2.0%1.9%
  4.3%7.6%
  0.0%0.1%
  2.4%4.2%
  8.4%9.3%
  12.5%14.0%
  1.7%2.1%
  5.6%7.0%
  4.5%4.8%
  7.3%4.7%
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