Guilford, Indiana is a small town located in the 47022 zip code. It has a population of about 800 people and offers a low cost of living. The average two-bedroom rent in Guilford is $940, significantly lower than the US average of $1,430. Additionally, its Grocery Cost Index is 102 compared to the US average of 100, indicating that food items here are slightly more expensive but still relatively affordable.
Local companies in Guilford include Quality Inn & Suites Guilford Golf Club & Restaurant, which offers accommodations and meals at reasonable prices; Chilly Willy's Snowballs & Sweets, which serves up delicious treats for special occasions; and D&L Oil Company, which provides fuel services for area residents. There are also several independent restaurants and cafes that offer reasonably priced meals.
Guilford (zip 47022) has an unemployment rate of 4.5%. The US average is 6.0%.
Guilford (zip 47022) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Guilford (zip 47022)
- The Sales Tax Rate for Guilford (zip 47022) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Guilford (zip 47022) is 3.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Guilford (zip 47022)
- The average income of a Guilford (zip 47022) resident is $27,985 a year. The US average is $28,555 a year.
- The Median household income of a Guilford (zip 47022) resident is $115,313 a year. The US average is $69,021 a year.