47110 Central, IN is a vibrant city with plenty of job opportunities and recreation. The cost of living in this area is relatively affordable with 2 bedroom rent costing $900 compared to the US average of $1,430. Additionally, grocery costs are quite modest with an index of 96 versus the US average of 100. The local economy is supported by various businesses such as VanVleet Insurance Agency, Greenfield's Red Cross Pharmacy, and Brownstone Investment Group. This area also has a population of 637 people according to the 2019 census making it a great place to live for those looking to settle down or raise a family.
Central (zip 47110) has an unemployment rate of 3.8%. The US average is 6.0%.
Central (zip 47110) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.
Tax Rates for Central (zip 47110)
- The Sales Tax Rate for Central (zip 47110) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Central (zip 47110) is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Central (zip 47110)
- The average income of a Central (zip 47110) resident is $21,633 a year. The US average is $37,638 a year.
- The Median household income of a Central (zip 47110) resident is $68,558 a year. The US average is $69,021 a year.