Zip 47114 (Crandall, IN) Economy


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Crandall, Indiana (47114) is an ideal location for those looking to invest in a home or rental property. The 2 bedroom rent is $1,160, which is much lower than the US average of $1,430. Additionally the Grocery Cost Index is 98 versus the national average of 100, making living expenses more affordable in this area. Several local businesses are available such as Midwestern Automotive Group for car care and repairs, Crandall Cafe for dining out with friends and family and Crandall Feed Store for all your agricultural needs. With its low cost of living and convenient access to amenities, 47114 Crandall is an excellent choice for those looking for an affordable place to settle down.

Crandall (zip 47114) has an unemployment rate of 3.8%. The US average is 6.0%.

Crandall (zip 47114) 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 Crandall (zip 47114)
- The Sales Tax Rate for Crandall (zip 47114) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Crandall (zip 47114) 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 Crandall (zip 47114)
- The average income of a Crandall (zip 47114) resident is $26,960 a year. The US average is $37,638 a year.
- The Median household income of a Crandall (zip 47114) resident is $78,015 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCrandall, IndianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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