Zip 47512 (Bicknell, IN) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
47512 Bicknell, IN is a beautiful town located in Knox County. It is renowned for its affordable rent, with two bedroom apartments averaging $670 per month. Grocery expenses are also low compared to the US average, with the cost index sitting at 88 versus US 100. This makes it an ideal place for those looking for an affordable place to live without sacrificing quality of life.
Residents of 47512 Bicknell enjoy many amenities within their community. There are multiple local restaurants, such as Big Boy's BBQ and Hog Wild Bar & Grill, both of which offer delicious food at sensible prices. There are also several parks nearby, including Lake Bruce Park and Wolf Creek Park, offering outdoor recreational activities year-round. Shopping options include Value Way Discount Center and Main Street Market Place, both of which provide a range of products at reasonable prices.

Bicknell (zip 47512) has an unemployment rate of 3.8%. The US average is 6.0%.

Bicknell (zip 47512) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Bicknell (zip 47512)
- The Sales Tax Rate for Bicknell (zip 47512) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Bicknell (zip 47512) 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 Bicknell (zip 47512)
- The average income of a Bicknell (zip 47512) resident is $21,834 a year. The US average is $28,555 a year.
- The Median household income of a Bicknell (zip 47512) resident is $53,528 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBicknell, IndianaUnited States
  3.86
  -4.6%-6.2%
  24.2%33.5%
  7.0%6.2%
  4.2%4.6%
  $29,527$37,638
  $53,528$69,021
  $71,850$85,028
  Population by Occupation
  4.6%1.2%
  2.6%0.5%
  3.7%6.8%
  18.0%10.0%
  0.5%2.5%
  11.6%11.0%
  2.4%4.8%
  3.0%0.8%
  0.0%1.9%
  2.4%4.7%
  0.0%1.9%
  1.3%7.6%
  0.0%0.1%
  2.8%4.2%
  8.9%9.3%
  21.0%14.0%
  0.0%2.1%
  7.2%7.0%
  4.8%4.8%
  5.3%4.7%
Health