Ferdinand, IN is a charming town located in Dubois County. With a population of just over 4,700 people, it is an ideal place for those who want to enjoy the small-town life. The cost of living in Ferdinand is quite affordable compared to other places in Indiana and the rest of the country; the average 2 bedroom rent is around $830 while the US average is $1,430. Additionally, the Grocery Cost Index in Ferdinand is 93 versus 100 in the US. \nBusinesses are what keeps a city going and Ferdinand has quite a few companies that provide valuable services throughout town. Some local businesses include Schmitt Furniture Company, Ferdinand Soapworks LLC, and Meadowview Farm LLC. Schmitt Furniture Company offers high quality furniture at competitive prices while Ferdinand Soapworks creates handcrafted soaps with natural ingredients. Finally, Meadowview Farm specializes in cutting edge agricultural technology.
Ferdinand (zip 47532) has an unemployment rate of 3.4%. The US average is 6.0%.
Ferdinand (zip 47532) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Ferdinand (zip 47532)
- The Sales Tax Rate for Ferdinand (zip 47532) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ferdinand (zip 47532) 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 Ferdinand (zip 47532)
- The average income of a Ferdinand (zip 47532) resident is $26,470 a year. The US average is $28,555 a year.
- The Median household income of a Ferdinand (zip 47532) resident is $74,419 a year. The US average is $69,021 a year.