Zip 47117 (Elizabeth, IN) Economy


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Elizabeth, IN, 47117 is an affordable place to live with an average 2 Bedroom Rent of $980 compared to the US average of $1,430. This city also has a Grocery Cost Index of 96 compared to the national average of 100. In Elizabeth, there are many local companies that residents can rely on for employment or purchasing goods and services. Some of these businesses include H&R Block, Jeld-Wen Windows & Doors Solutions Center, Midwest Fence & Gate Co., Mauer's Cleaners & Laundry Service Inc., and Brown's Automotive LLC. Each of these companies provides quality services in the Elizabeth area.

Elizabeth (zip 47117) has an unemployment rate of 3.8%. The US average is 6.0%.

Elizabeth (zip 47117) has seen the job market increase by 1.2% 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 Elizabeth (zip 47117)
- The Sales Tax Rate for Elizabeth (zip 47117) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Elizabeth (zip 47117) 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 Elizabeth (zip 47117)
- The average income of a Elizabeth (zip 47117) resident is $23,150 a year. The US average is $28,555 a year.
- The Median household income of a Elizabeth (zip 47117) resident is $67,700 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElizabeth, IndianaUnited States
  3.86
  -6.0%-6.2%
  36.2%33.5%
  7.0%6.2%
  4.2%4.6%
  $30,839$37,638
  $67,700$69,021
  $80,016$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  7.8%6.8%
  12.4%10.0%
  0.1%2.5%
  17.3%11.0%
  6.4%4.8%
  1.8%0.8%
  1.7%1.9%
  4.2%4.7%
  0.0%1.9%
  1.9%7.6%
  0.0%0.1%
  4.1%4.2%
  5.1%9.3%
  19.9%14.0%
  8.9%2.1%
  2.9%7.0%
  3.4%4.8%
  1.7%4.7%
Health