Zip 47708 (Evansville, IN) Economy


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Evansville, Indiana is a city located in the southwestern portion of the state and is home to 47,708 people. It's a great place for families and individuals looking for a low cost of living. The 2 bedroom rent in Evansville is $970 compared to the national average of $1,430. The grocery cost index in Evansville is 98 which is lower than the US average of 100.
Living in Evansville also offers plenty of job opportunities with several local companies such as Koch Enterprises, Deaconess Health System, Old National Bank, Vectren Corporation, Mead Johnson Nutrition Company, Berry Plastics Corporation and others providing good-paying jobs. Commuting around Evansville can be done by car or bus with several public transportation routes available to accommodate residents daily travel needs.

Evansville (zip 47708) has an unemployment rate of 5.5%. The US average is 6.0%.

Evansville (zip 47708) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.

Tax Rates for Evansville (zip 47708)
- The Sales Tax Rate for Evansville (zip 47708) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Evansville (zip 47708) 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 Evansville (zip 47708)
- The average income of a Evansville (zip 47708) resident is $61,671 a year. The US average is $37,638 a year.
- The Median household income of a Evansville (zip 47708) resident is $53,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEvansville, IndianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
Family Median Income 85028
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