47946 Francesville, IN is a small town with an estimated population of only 821 people. Rent for a two bedroom apartment in this area averages $910 per month, which is significantly lower than the national average of $1430. The Grocery Cost Index is also significantly lower here than average, at 91 versus 100 in the US.
The local economy of 47946 Francesville consists mainly of small businesses and family owned companies. Notable employers include: The Frandsen Corporation, a construction company; Frandsen Farms, a family-owned dairy and grain farm; and Sisters Manufacturing Inc., which manufactures custom furniture for homes and offices. Additionally, there are many smaller locally owned shops such as Hardware Solutions, Annie's Antiques & Collectibles, and the Town Café. This quaint town provides residents with plenty of employment opportunities and an overall friendly atmosphere to live in.
Francesville (zip 47946) has an unemployment rate of 4.1%. The US average is 6.0%.
Francesville (zip 47946) has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for Francesville (zip 47946)
- The Sales Tax Rate for Francesville (zip 47946) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Francesville (zip 47946) is 6.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Francesville (zip 47946)
- The average income of a Francesville (zip 47946) resident is $26,669 a year. The US average is $37,638 a year.
- The Median household income of a Francesville (zip 47946) resident is $73,188 a year. The US average is $69,021 a year.