47849 Fairbanks, IN is a small town located in Scott County. Rent in the area for a two bedroom apartment is much cheaper than the national average at $820 compared to $1,430. The grocery cost index in Fairbanks is 93 versus 100 in the US making groceries slightly more expensive. The town offers its residents small-town charm and diverse job opportunities with local companies like United Industries of Indiana, Ertel Manufacturing Company LLC, and Printpack Inc. 47849 Fairbanks, IN has something for everyone and can offer an affordable alternative for those looking to escape high living costs found in large cities.
Fairbanks (zip 47849) has an unemployment rate of 5.0%. The US average is 6.0%.
Fairbanks (zip 47849) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Fairbanks (zip 47849)
- The Sales Tax Rate for Fairbanks (zip 47849) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fairbanks (zip 47849) is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fairbanks (zip 47849)
- The average income of a Fairbanks (zip 47849) resident is $20,057 a year. The US average is $28,555 a year.
- The Median household income of a Fairbanks (zip 47849) resident is $79,063 a year. The US average is $69,021 a year.