47932 Covington, IN is a small town located in the scenic Fountain County area. This idyllic community offers affordable 2 bedroom rentals for just $880 per month. When it comes to groceries, residents of 47932 Covington, IN earn a break from their pocket books with prices being 7% lower than average US markets. Not only does 47932 Covington, IN offer great costs of living, but there are tons of recreational activities available as well. Local attractions include places like the Oasis Diner & Truck Stop for delicious food and drinks and the nearby Historic Hillsboro Park which features scenic picnic spots, playgrounds, basketball courts and more. Plus, there are plenty of shops nearby including Main Street Mercantile and Sparrow's Nest Furniture & Home Decor where locals can find gifts and home decor items. 47932 Covington, IN truly has something for everyone!
Covington (zip 47932) has an unemployment rate of 4.2%. The US average is 6.0%.
Covington (zip 47932) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Covington (zip 47932)
- The Sales Tax Rate for Covington (zip 47932) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Covington (zip 47932) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Covington (zip 47932)
- The average income of a Covington (zip 47932) resident is $27,450 a year. The US average is $28,555 a year.
- The Median household income of a Covington (zip 47932) resident is $59,141 a year. The US average is $69,021 a year.