Fort Branch, IN, is a small town located in Gibson County with a population of 47648. The average two-bedroom rent in the area is $730, which is much lower than the US average of $1,430. For groceries, the index rate in the vicinity of Fort Branch is 92 compared to 100 in the US. This shows that groceries are comparatively cheaper here than elsewhere in the country. The primary employers in Fort Branch are Indus Technologies Inc., GE Appliances, Tyson Foods Inc., Hi-Tech Resources Inc., and US Magnesium LLC. All these companies are engaged in manufacturing and production activities that supply products all across the globe. Thus Fort Branch offers its residents cost-effective living as well as good job opportunities with some of the biggest names in business.
Fort Branch (zip 47648) has an unemployment rate of 3.4%. The US average is 6.0%.
Fort Branch (zip 47648) has seen the job market decrease by -4.0% 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 Fort Branch (zip 47648)
- The Sales Tax Rate for Fort Branch (zip 47648) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Branch (zip 47648) is 3.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fort Branch (zip 47648)
- The average income of a Fort Branch (zip 47648) resident is $30,001 a year. The US average is $37,638 a year.
- The Median household income of a Fort Branch (zip 47648) resident is $64,257 a year. The US average is $69,021 a year.