Carbon, IN, with its zip code of 47837, is an affordable place to live. According to data, the 2 bedroom rent in Carbon is $920 compared to the US average of $1,430, making it around 35% cheaper. Not only that, but the grocery cost index in Carbon is 91 compared to 100 in the US. This means that groceries are almost 10% cheaper than in other parts of the country. Local companies include JTL Trucking Inc., Texas Gas Service Co., and Gullion Steel Structures Inc., which provides metal fabrication for industrial clients. Residents can save money on rent and groceries while also having access to quality local services from these businesses.
Carbon (zip 47837) has an unemployment rate of 4.8%. The US average is 6.0%.
Carbon (zip 47837) 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 Carbon (zip 47837)
- The Sales Tax Rate for Carbon (zip 47837) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Carbon (zip 47837) 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 Carbon (zip 47837)
- The average income of a Carbon (zip 47837) resident is $28,671 a year. The US average is $37,638 a year.
- The Median household income of a Carbon (zip 47837) resident is $68,382 a year. The US average is $69,021 a year.