Zip 47360 (Mooreland, IN) Economy


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United States / Indiana / New Castle Metro Area / Henry County / No City / Mooreland (zip 47360)
Mooreland, IN is a small town located in the northwestern part of the state. It has a population of 47360 people and provides plenty of amenities for its residents. The average rent for a two-bedroom apartment here is $860 compared to the national average of $1,430. The grocery cost index in Mooreland is lower than the national average at 93 versus 100 respectively. This makes Mooreland a great place to live due to its affordability.
There are also several local companies in Mooreland that provide employment opportunities for its citizens such as Neimark Orthodontics, True Value Hardware Store, and Mulligan’s Irish Pub. For leisure activities, there are many charming shops, restaurants, parks, nature trails, and golf courses available throughout town. All these factors make Mooreland an ideal town for anyone looking to settle down and start a family.

Mooreland (zip 47360) has an unemployment rate of 4.3%. The US average is 6.0%.

Mooreland (zip 47360) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.

Tax Rates for Mooreland (zip 47360)
- The Sales Tax Rate for Mooreland (zip 47360) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mooreland (zip 47360) is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Mooreland (zip 47360)
- The average income of a Mooreland (zip 47360) resident is $21,278 a year. The US average is $28,555 a year.
- The Median household income of a Mooreland (zip 47360) resident is $52,969 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMooreland, IndianaUnited States
  4.36
  -4.9%-6.2%
  35.5%33.5%
  7.0%6.2%
  4.7%4.6%
  $27,779$37,638
  $52,969$69,021
  $71,771$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  8.3%6.8%
  13.8%10.0%
  0.3%2.5%
  10.2%11.0%
  2.6%4.8%
  0.3%0.8%
  0.5%1.9%
  15.1%4.7%
  0.2%1.9%
  8.3%7.6%
  0.0%0.1%
  3.1%4.2%
  9.7%9.3%
  10.6%14.0%
  0.0%2.1%
  5.9%7.0%
  6.2%4.8%
  4.2%4.7%
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