In Evansville, Indiana (47720), the average rent for a two bedroom apartment is $1,090 which is significantly lower than the national average of $1,430. Evansville also has a very low grocery cost index of 94 compared to the US average of 100. This makes it an attractive place for people looking to live and save money. Local companies in Evansville include Berry Plastics Corporation, Escalade Sports, Old National Bank, and Vectren Energy Delivery. Compared to the US these companies are much smaller; however they provide local residents with reliable employment opportunities.
Evansville (zip 47720) has an unemployment rate of 4.8%. The US average is 6.0%.
Evansville (zip 47720) has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Evansville (zip 47720)
- The Sales Tax Rate for Evansville (zip 47720) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Evansville (zip 47720) 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 47720)
- The average income of a Evansville (zip 47720) resident is $27,733 a year. The US average is $28,555 a year.
- The Median household income of a Evansville (zip 47720) resident is $66,744 a year. The US average is $69,021 a year.