Shelbyville, Indiana (ZIP code 46176) is a small city located in Shelby County with a population of 19,191 according to recent census data. The average two-bedroom rent in Shelbyville is $970 which is much lower than the US average two-bedroom rent of $1,430. Additionally, the local grocery cost index in Shelbyville is 93 versus 100 for the US average. This low cost of living makes it possible for locals to save money while living comfortably. Notable businesses in Shelbyville include Homestead Health Care Center, Diversified Products Corp., and Bickford Senior Living. With its low cost of living and diverse range of companies, Shelbyville provides residents with an affordable and comfortable lifestyle.
Shelbyville (zip 46176) has an unemployment rate of 4.0%. The US average is 6.0%.
Shelbyville (zip 46176) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.
Tax Rates for Shelbyville (zip 46176)
- The Sales Tax Rate for Shelbyville (zip 46176) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Shelbyville (zip 46176) 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 Shelbyville (zip 46176)
- The average income of a Shelbyville (zip 46176) resident is $22,984 a year. The US average is $28,555 a year.
- The Median household income of a Shelbyville (zip 46176) resident is $60,379 a year. The US average is $69,021 a year.