Zip 46117 (Charlottesville, IN) Economy


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Charlottesville, Indiana is a small town located in Clark County with a population of 461. Charlottesville offers an affordable cost of living compared to the US average. The median 2 bedroom rent in Charlottesville is $970 which is roughly 35% lower than the US median of $1,430. Additionally, grocery costs are even more competitive with Charlottesville's grocery cost index at 95 versus the US average 100.
Though it is small, Charlottesville offers many local businesses and amenities for its residents. Popular local eateries include J&K Barbecue - known for their pulled pork sandwiches, Carty's Old Fashioned Ice Cream drive-in that has been serving up cones since 1945, and Wags and Whiskers Pet Grooming. Outdoor activities can be enjoyed at Charlestown State Park or at the East Fork Wildlife Area where visitors can picnic, hike, fish, and hunt during certain seasons. With its proximity to Louisville and Cincinnati, Charlottesville also provides easy access to big city entertainment such as professional sporting events and cultural attractions.

Charlottesville (zip 46117) has an unemployment rate of 3.5%. The US average is 6.0%.

Charlottesville (zip 46117) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.

Tax Rates for Charlottesville (zip 46117)
- The Sales Tax Rate for Charlottesville (zip 46117) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Charlottesville (zip 46117) is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Charlottesville (zip 46117)
- The average income of a Charlottesville (zip 46117) resident is $32,467 a year. The US average is $28,555 a year.
- The Median household income of a Charlottesville (zip 46117) resident is $86,208 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharlottesville, IndianaUnited States
  3.56
  -4.7%-6.2%
  40.8%33.5%
  7.0%6.2%
  4.9%4.6%
  $38,705$37,638
  $86,208$69,021
  $87,250$85,028
  Population by Occupation
  4.3%1.2%
  0.0%0.5%
  11.7%6.8%
  16.8%10.0%
  8.6%2.5%
  11.7%11.0%
  7.8%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  11.7%7.6%
  0.0%0.1%
  0.0%4.2%
  18.0%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  9.4%4.7%
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