Grandview, IN (47615) is a small town located in Spencer County, Indiana, with a population of only 841 people. Despite its size, Grandview offers many local businesses and amenities for its residents. Options for shopping and dining include Family Dollar, Main Street Cafe & Bakery, Grandview Gas Station & Deli, and more. This small town also has plenty of outdoor activities to explore such as a private lake with a beach area or the nearby Lincoln State Park.
The cost of living index in Grandview is quite low compared to the national rate. The average rent for two-bedroom apartments in Grandview currently stands at $840 which is significantly lower than the US average of $1,430. Similarly groceries are about 10% cheaper than elsewhere in the US according to the Grocery Cost Index. All these factors combined make Grandview an attractive place to live for those looking for affordable housing options and close proximity to nature as well as local amenities.
Grandview (zip 47615) has an unemployment rate of 4.3%. The US average is 6.0%.
Grandview (zip 47615) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.
Tax Rates for Grandview (zip 47615)
- The Sales Tax Rate for Grandview (zip 47615) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grandview (zip 47615) is 4.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Grandview (zip 47615)
- The average income of a Grandview (zip 47615) resident is $33,885 a year. The US average is $37,638 a year.
- The Median household income of a Grandview (zip 47615) resident is $59,904 a year. The US average is $69,021 a year.