Zip 47904 (Lafayette, IN) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
47904 Lafayette, IN is a great place to live offering affordable living and plenty of local attractions. 2 bedroom rent in this area is only $1,020 per month which is much lower than the US average of $1,430. It also offers an attractive cost index for groceries with a score of 92 compared to 100 in the US.
Local companies in 47904 Lafayette include Purdue University, Wabash National Corporation, and Subaru of Indiana Automotive Inc., providing plenty of job opportunities. The city also has many attractions such as the Columbian Park Zoo, Tippecanoe County Historical Association Museum, and the Prophetstown State Park. Additionally, there are numerous dining options including popular family favorites like Triple XXX Family Restaurant and Pappy’s Barbeque. All in all, 47904 Lafayette offers residents an excellent combination of convenience and affordability.

Lafayette (zip 47904) has an unemployment rate of 4.1%. The US average is 6.0%.

Lafayette (zip 47904) has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.

Tax Rates for Lafayette (zip 47904)
- The Sales Tax Rate for Lafayette (zip 47904) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lafayette (zip 47904) 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 Lafayette (zip 47904)
- The average income of a Lafayette (zip 47904) resident is $16,953 a year. The US average is $28,555 a year.
- The Median household income of a Lafayette (zip 47904) resident is $39,421 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLafayette, IndianaUnited States
  4.16
  -7.2%-6.2%
  37.1%33.5%
  7.0%6.2%
  4.3%4.6%
  $23,069$37,638
  $39,421$69,021
  $46,173$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  6.1%6.8%
  17.2%10.0%
  1.1%2.5%
  15.1%11.0%
  2.3%4.8%
  0.0%0.8%
  0.6%1.9%
  2.4%4.7%
  0.8%1.9%
  3.1%7.6%
  0.0%0.1%
  4.8%4.2%
  14.3%9.3%
  12.9%14.0%
  0.2%2.1%
  12.9%7.0%
  3.8%4.8%
  2.2%4.7%
Health