Zip 47568 (Plainville, IN) Economy


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United States / Indiana / Washington Metro Area / Daviess County / No City / Plainville (zip 47568)
47568 Plainville, IN is a rural town located in the heart of Indiana that offers a peaceful atmosphere to residents. The cost of living is relatively low with 2 bedroom rent costing $880 compared to the US average of $1,430. Grocery cost index for 47568 Plainville, IN is also lower than the national average at 90 versus 100. There are several local companies operating within this area that include Potter's Department Store, Clay Street Tire and Automotive Services and White Horse Farms Dairy. Potter's Department Store offers an array of products ranging from grocery items to clothing items whereas Clay Street Tire and Automotive services provide automotive needs such as car repairs and maintenance services. Additionally, White Horse Farms Dairy supplies the local markets with fresh quality dairy products that are locally sourced from nearby farms.

Plainville (zip 47568) has an unemployment rate of 3.0%. The US average is 6.0%.

Plainville (zip 47568) 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 34.8%, which is higher than the US average of 33.5%.

Tax Rates for Plainville (zip 47568)
- The Sales Tax Rate for Plainville (zip 47568) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Plainville (zip 47568) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Plainville (zip 47568)
- The average income of a Plainville (zip 47568) resident is $16,945 a year. The US average is $28,555 a year.
- The Median household income of a Plainville (zip 47568) resident is $45,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPlainville, IndianaUnited States
  36
  -2.7%-6.2%
  34.8%33.5%
  7.0%6.2%
  4.7%4.6%
  $21,006$37,638
  $45,000$69,021
  $68,750$85,028
  Population by Occupation
  12.9%1.2%
  0.0%0.5%
  2.3%6.8%
  14.4%10.0%
  3.4%2.5%
  10.6%11.0%
  6.8%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  2.3%7.6%
  0.0%0.1%
  11.8%4.2%
  1.1%9.3%
  13.7%14.0%
  0.0%2.1%
  11.8%7.0%
  1.9%4.8%
  6.8%4.7%
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