Brazil, Indiana (47834) is a small, rural town nestled in the Wabash Valley. It has a population of just over 8,000 people and offers its residents peaceful living in beautiful surroundings. The 2 Bedroom Rent in Brazil is about $850 which is much lower than the US average of $1,430. Additionally, grocery cost index in Brazil is 92 versus 100 in the US.
Residents of Brazil have access to many local businesses such as O'Neal Tire & Automotive Services, Brazil Lumber & Millwork Company, Terre Haute First Financial Bank and Lucky Dollar Discount Tobacco Store. There are also several restaurants and convenience stores nearby like Haddix BBQ Pit, Chevron Food Mart and Burger King. Other services offered in the area include professional health care at St Vincent Clay Hospital, legal advice from Martin & Martin Law Firm and financial assistance from Valley Professionals Community Health Center.
Brazil (zip 47834) has an unemployment rate of 4.8%. The US average is 6.0%.
Brazil (zip 47834) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Brazil (zip 47834)
- The Sales Tax Rate for Brazil (zip 47834) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Brazil (zip 47834) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Brazil (zip 47834)
- The average income of a Brazil (zip 47834) resident is $32,449 a year. The US average is $37,638 a year.
- The Median household income of a Brazil (zip 47834) resident is $62,440 a year. The US average is $69,021 a year.