Zip 47714 (Evansville, IN) Economy


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Evansville, Indiana (47714) is an affordable and vibrant city in the southwestern part of the state. With its population estimated at 120,000, it's one of the largest cities in Indiana. There are plenty of things to do in Evansville for all ages. For those looking for a place to live, 2 bedroom rent in Evansville is only $1,000 which is significantly less than the US average at $1,430. Grocery costs are also lower compared to the US with a Grocery Cost Index of 90 versus 100.
The city is home to local businesses such as Koch Air which provides air conditioning services and Riverside Plastic Surgery which offers cosmetic surgery services. Restaurants like Turoni's Pizzeria & Brewery and El Mezcal Mexican Restaurant offer delicious food options for residents. Other attractions include Willard Library and Mesker Park Zoo & Botanic Garden where visitors can take in some local history or enjoy wildlife exhibits respectively. Overall, Evansville has something to offer everyone from business owners to families looking for a good time.

Evansville (zip 47714) has an unemployment rate of 5.5%. The US average is 6.0%.

Evansville (zip 47714) 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 33.2%, which is lower than the US average of 33.5%.

Tax Rates for Evansville (zip 47714)
- The Sales Tax Rate for Evansville (zip 47714) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Evansville (zip 47714) is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Evansville (zip 47714)
- The average income of a Evansville (zip 47714) resident is $18,651 a year. The US average is $28,555 a year.
- The Median household income of a Evansville (zip 47714) resident is $49,045 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEvansville, IndianaUnited States
  5.56
  -6.9%-6.2%
  33.2%33.5%
  7.0%6.2%
  4.4%4.6%
  $25,284$37,638
  $49,045$69,021
  $56,765$85,028
  Population by Occupation
  0.3%1.2%
  0.2%0.5%
  4.2%6.8%
  14.1%10.0%
  3.1%2.5%
  17.2%11.0%
  5.2%4.8%
  1.3%0.8%
  1.7%1.9%
  3.6%4.7%
  1.1%1.9%
  2.3%7.6%
  0.0%0.1%
  5.9%4.2%
  7.1%9.3%
  12.5%14.0%
  1.5%2.1%
  12.6%7.0%
  5.0%4.8%
  1.0%4.7%
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