Zip 47992 (Westpoint, IN) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
47992 Westpoint, IN is a small town located in the northeast corner of Indiana. The town offers a quiet atmosphere and low cost of living with an average two bedroom rent price of $1,090 and a grocery cost index of 94 versus 100 in the US. Local businesses include J Foster Automotive Repair, Dave’s Supermarket and True Value Hardware. Other local businesses like Fritz’s Furniture Store, Westport Antiques Mall, and Linda’s Restaurant provide additional employment options for residents. The small town atmosphere makes 47992 Westpoint a great place to live for those who want to live close to nature while still having easy access to urban amenities.

Westpoint (zip 47992) has an unemployment rate of 4.1%. The US average is 6.0%.

Westpoint (zip 47992) 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 Westpoint (zip 47992)
- The Sales Tax Rate for Westpoint (zip 47992) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Westpoint (zip 47992) 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 Westpoint (zip 47992)
- The average income of a Westpoint (zip 47992) resident is $32,595 a year. The US average is $28,555 a year.
- The Median household income of a Westpoint (zip 47992) resident is $78,581 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWestpoint, IndianaUnited States
  4.16
  -7.2%-6.2%
  37.1%33.5%
  7.0%6.2%
  4.3%4.6%
  $38,776$37,638
  $78,581$69,021
  $96,250$85,028
  Population by Occupation
  1.9%1.2%
  0.0%0.5%
  2.1%6.8%
  25.5%10.0%
  6.1%2.5%
  15.2%11.0%
  7.8%4.8%
  0.0%0.8%
  0.0%1.9%
  5.4%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.4%4.2%
  13.4%9.3%
  8.0%14.0%
  1.7%2.1%
  4.8%7.0%
  6.6%4.8%
  0.0%4.7%
Health