Derby, IN is a small town of 47525 people located in the northwest of Indiana. It has an affordable 2 bedroom rent of $840 compared to the US average of $1,430. Grocery costs are also much more affordable in Derby with an index score of 94 compared to 100 in the US. Derby is home to several local businesses that help contribute to its economy and community. These companies include Joe's Auto Repair, Derron Home Improvement, Bake for Days Bakery, Lamington Lawn Care, and Taters & Fries Restaurant. These local businesses provide jobs and services for Derby residents and visitors alike.
Derby (zip 47525) has an unemployment rate of 4.2%. The US average is 6.0%.
Derby (zip 47525) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for Derby (zip 47525)
- The Sales Tax Rate for Derby (zip 47525) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Derby (zip 47525) 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 Derby (zip 47525)
- The average income of a Derby (zip 47525) resident is $25,376 a year. The US average is $28,555 a year.
- The Median household income of a Derby (zip 47525) resident is $45,139 a year. The US average is $69,021 a year.