Zip 47930 (Clarks Hill, IN) Economy


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47930 Clarks Hill, IN is a small community situated between Indianapolis and Chicago. It's close proximity to two major cities makes it a great place to live for commuters who want to take advantage of job opportunities in either city. The cost of living in 47930 Clarks Hill, IN is affordable compared to other places. The average 2 bedroom rent is only $920 which is much lower than the US average of $1,430. Grocery prices in the area are also quite low with a grocery cost index that stands at 93 compared to 100 nationally.
The area offers plenty of job opportunities and businesses such as 47930 Auto Parts, PJ's Barber Shop, and SolarStone Remodeling Project Solutions. Furthermore, there are several schools in the area such as Charles Tindley Accelerated Schools and Millwood Public School that provide educational services to families in the community. All these amenities make 47930 Clarks Hill, IN an attractive option for people looking for an affordable place to live with easy access to big-city amenities.

Clarks Hill (zip 47930) has an unemployment rate of 4.1%. The US average is 6.0%.

Clarks Hill (zip 47930) has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.

Tax Rates for Clarks Hill (zip 47930)
- The Sales Tax Rate for Clarks Hill (zip 47930) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Clarks Hill (zip 47930) 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 Clarks Hill (zip 47930)
- The average income of a Clarks Hill (zip 47930) resident is $28,187 a year. The US average is $28,555 a year.
- The Median household income of a Clarks Hill (zip 47930) resident is $53,839 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClarks Hill, IndianaUnited States
  4.16
  -7.2%-6.2%
  37.1%33.5%
  7.0%6.2%
  4.3%4.6%
  $30,626$37,638
  $53,839$69,021
  $65,167$85,028
  Population by Occupation
  7.5%1.2%
  0.0%0.5%
  16.4%6.8%
  20.4%10.0%
  1.7%2.5%
  4.6%11.0%
  5.2%4.8%
  0.0%0.8%
  0.0%1.9%
  0.8%4.7%
  0.4%1.9%
  1.5%7.6%
  0.0%0.1%
  1.5%4.2%
  15.6%9.3%
  13.9%14.0%
  0.0%2.1%
  7.1%7.0%
  1.9%4.8%
  1.3%4.7%
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