47942 Earl Park, IN is a small city located in Benton County, Indiana. It has a population of 748 people according to the last census count. The city is known for its affordable cost of living. The average two bedroom rent in Earl Park is $860 per month which is significantly lower than the national average of $1,430. The grocery cost index in Earl Park is 91 versus 100 nationally making it ideal for someone looking to save on their groceries. Local businesses operating in Earl Park include Earls Auto Service, Reisinger's Pharmacy, and Rinker & Son Produce. All three companies offer quality services at reasonable rates making them an ideal choice for those living in this area. Overall, the cost of living in Earl Park is relatively low due to the relatively low rents and grocery costs which make it an attractive option for those looking for an affordable place to live.
Earl Park (zip 47942) has an unemployment rate of 3.9%. The US average is 6.0%.
Earl Park (zip 47942) has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Earl Park (zip 47942)
- The Sales Tax Rate for Earl Park (zip 47942) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Earl Park (zip 47942) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Earl Park (zip 47942)
- The average income of a Earl Park (zip 47942) resident is $37,052 a year. The US average is $37,638 a year.
- The Median household income of a Earl Park (zip 47942) resident is $72,031 a year. The US average is $69,021 a year.