Idaville, IN (47950) is an affordable place to live with a 2 bedroom rent of $1,000 compared to the US average of $1,430. This lower cost of living is also supported by the Grocery Cost Index of 93 versus 100 in the US. The close proximity to Indianapolis makes it easy to commute for jobs or entertainment while maintaining a cost savings over living in Indy directly. Businesses and attractions within Idaville include local favorite restaurants such as Tastee Freeze Ice Cream Parlor & Grill and The Rusty Fox Diner along with outdoor activities at the Idaville Park and Damm Theatre. Residents benefit from a high performing school district and access to top employers such as Purdue University, Norton Healthcare System, Amazon, and Anthem. All things considered, it’s easy to understand why many choose Idaville as their home.
Idaville (zip 47950) has an unemployment rate of 3.4%. The US average is 6.0%.
Idaville (zip 47950) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 24.8%, which is lower than the US average of 33.5%.
Tax Rates for Idaville (zip 47950)
- The Sales Tax Rate for Idaville (zip 47950) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Idaville (zip 47950) is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Idaville (zip 47950)
- The average income of a Idaville (zip 47950) resident is $20,069 a year. The US average is $37,638 a year.
- The Median household income of a Idaville (zip 47950) resident is $62,831 a year. The US average is $69,021 a year.