Borden, IN (47106) is a small town located in Clark County. It is situated in the heart of Southern Indiana, about 11 miles north of Louisville. The population is estimated at around 1,200 people, making it a great place to live if you prefer a more relaxed suburban lifestyle. The median 2-bedroom rent in Borden stands at $1,040 per month which is comparatively cheaper than the national average of $1,430 per month. Grocery Cost Index in Borden is also 97 which is 3 points lower than the US average.
There are several local businesses that cater to the needs of Borden’s residents such as C&C Auto Sales & Service, LaDow Medical Care Solutions and Valley Veterinary Clinic. Each of these companies provides quality services to customers and helps contribute to the local economy of Borden. There are also several restaurants and retail stores located within the city for those looking for convenience and variety when shopping or dining out. All in all, 47106 Borden makes for an affordable and desirable place to live with its low rental costs and solid business opportunities.
Borden (zip 47106) has an unemployment rate of 4.4%. The US average is 6.0%.
Borden (zip 47106) has seen the job market increase by 1.2% 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 Borden (zip 47106)
- The Sales Tax Rate for Borden (zip 47106) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Borden (zip 47106) is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Borden (zip 47106)
- The average income of a Borden (zip 47106) resident is $28,126 a year. The US average is $28,555 a year.
- The Median household income of a Borden (zip 47106) resident is $68,571 a year. The US average is $69,021 a year.