Hillsboro, IN is a small town located in the state of Indiana with an approximate population of 47949. The city is home to a variety of local businesses, including some regional companies such as Lynch's Bakery, Hillsboro Printing Company, and Big JT's Smokehouse Barbecue. Local restaurants in Hillsboro include the popular Billy’s Burger Shack, China Palace, Southside Pizza Cafe, and Maria’s Mexican Grill. Rent for two bedroom apartments in the area is around $830 while grocery cost index rate is 92 compared to the U.S. average 100.
Hillsboro (zip 47949) has an unemployment rate of 4.2%. The US average is 6.0%.
Hillsboro (zip 47949) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Hillsboro (zip 47949)
- The Sales Tax Rate for Hillsboro (zip 47949) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hillsboro (zip 47949) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hillsboro (zip 47949)
- The average income of a Hillsboro (zip 47949) resident is $26,519 a year. The US average is $37,638 a year.
- The Median household income of a Hillsboro (zip 47949) resident is $68,008 a year. The US average is $69,021 a year.