47516 Bruceville, IN is a great place to live for those who are looking for more affordable housing options than the US average. The 2 Bedroom Rent in this area is only $950 which is much lower than the national average of $1,430. The Grocery Cost Index in this area is also lower than the US average at 90 compared to 100.
The local economy of 47516 Bruceville, IN includes multiple businesses such as the Bruceville Plaza Shopping Center which offers a variety of shopping and dining options as well as the nearby Gas City Speedway where race fans enjoy watching events on weekend nights. Other popular businesses located here include Bruceville's Family Diner, Bruces Pharmacy, and Bugler's Tire Shop.
Overall, 47516 Bruceville, IN offers an affordable living option with plenty of local businesses that make it a great place for those looking for someplace to call home. Despite its rural location, residents won't be far from amenities they need like shopping centers and entertainment venues like Gas City Speedway. With low housing costs and plenty of goods and services offered locally, 47516 Bruceville, IN is definitely worth considering when looking for a new home.
Bruceville (zip 47516) has an unemployment rate of 3.8%. The US average is 6.0%.
Bruceville (zip 47516) has seen the job market decrease by -4.6% 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 Bruceville (zip 47516)
- The Sales Tax Rate for Bruceville (zip 47516) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Bruceville (zip 47516) 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 Bruceville (zip 47516)
- The average income of a Bruceville (zip 47516) resident is $36,621 a year. The US average is $37,638 a year.
- The Median household income of a Bruceville (zip 47516) resident is $78,625 a year. The US average is $69,021 a year.