Cannelton, Indiana is a small city located in Perry County. With a population of only 47520 people, it is the perfect place to enjoy a quiet atmosphere and get away from the hustle and bustle of the big cities. The 2-Bedroom rent in Cannelton is at an affordable rate of $830, which is much lower than the US average of $1,430. Grocery Cost Index is also significantly lower than the national average at 90 versus 100.
For those looking for local companies and businesses in Cannelton, there are several to choose from. Some popular places include Stoll’s Country Store & Deli, Custom Carpentry Plus Inc., Yoder's Service Center, and B&D Auto Body & Paint Shop. For those looking to get outdoors there are plenty of parks like the Billie Creek Village Park and Wilstem Ranch Wildlife Sanctuary.
Cannelton (zip 47520) has an unemployment rate of 4.2%. The US average is 6.0%.
Cannelton (zip 47520) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for Cannelton (zip 47520)
- The Sales Tax Rate for Cannelton (zip 47520) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cannelton (zip 47520) 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 Cannelton (zip 47520)
- The average income of a Cannelton (zip 47520) resident is $19,743 a year. The US average is $28,555 a year.
- The Median household income of a Cannelton (zip 47520) resident is $50,625 a year. The US average is $69,021 a year.