Zip 47386 (Springport, IN) Economy


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United States / Indiana / New Castle Metro Area / Henry County / No City / Springport (zip 47386)
Springport, IN, located in the 47386 zip code, is a small town that offers its citizens a pleasant living environment. The 2 bedroom rent rate in Springport is $890, well below the US average of $1,430. The cost of groceries here is also relatively low compared with the US average; at 93 on the Grocery Cost Index versus 100. There are several local businesses in Springport such as Checkered Flag Bar and Restaurant, Big Boat Industry LLC and B&S Family Car Care Center. All these companies help to bring employment opportunities to this town. The population of Springport is around 696 people according to the most recent census report.

Springport (zip 47386) has an unemployment rate of 4.3%. The US average is 6.0%.

Springport (zip 47386) 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 Springport (zip 47386)
- The Sales Tax Rate for Springport (zip 47386) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Springport (zip 47386) 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 Springport (zip 47386)
- The average income of a Springport (zip 47386) resident is $26,058 a year. The US average is $28,555 a year.
- The Median household income of a Springport (zip 47386) resident is $68,709 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpringport, IndianaUnited States
  4.36
  -4.9%-6.2%
  35.5%33.5%
  7.0%6.2%
  4.7%4.6%
  $45,959$37,638
  $68,709$69,021
  $71,500$85,028
  Population by Occupation
  2.9%1.2%
  2.5%0.5%
  12.2%6.8%
  22.3%10.0%
  0.0%2.5%
  10.4%11.0%
  2.7%4.8%
  0.0%0.8%
  0.0%1.9%
  2.0%4.7%
  2.7%1.9%
  5.4%7.6%
  0.0%0.1%
  3.8%4.2%
  11.7%9.3%
  14.0%14.0%
  0.7%2.1%
  3.6%7.0%
  0.2%4.8%
  2.9%4.7%
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