Zip 47854 (Hillsdale, IN) Economy


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United States / Indiana / Terre Haute Metro Area / Vermillion County / No City / Hillsdale (zip 47854)
The small city of 47854 Hillsdale, IN is a great place to call home. It has an overall lower cost of living than the US with 2 bedroom rent costing $890 compared to the US average of $1,430 and a grocery cost index of 91 compared to 100 in the US. The city boasts a variety of local businesses including shops, restaurants, gas stations, and other services. Those who enjoy outdoor activities can take advantage of nearby parks and nature trails. There is also excellent access to public transportation options like buses and trains that make it easy to get around. Overall, 47854 Hillsdale IN offers an affordable yet high-quality lifestyle for those looking for a convenient place to live or visit.

Hillsdale (zip 47854) has an unemployment rate of 5.7%. The US average is 6.0%.

Hillsdale (zip 47854) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.

Tax Rates for Hillsdale (zip 47854)
- The Sales Tax Rate for Hillsdale (zip 47854) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hillsdale (zip 47854) is 3.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hillsdale (zip 47854)
- The average income of a Hillsdale (zip 47854) resident is $22,428 a year. The US average is $28,555 a year.
- The Median household income of a Hillsdale (zip 47854) resident is $98,438 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHillsdale, IndianaUnited States
  5.76
  -6.0%-6.2%
  25.1%33.5%
  7.0%6.2%
  4.7%4.6%
  $36,145$37,638
  $98,438$69,021
  $101,154$85,028
  Population by Occupation
  19.5%1.2%
  0.0%0.5%
  2.5%6.8%
  17.4%10.0%
  3.0%2.5%
  8.9%11.0%
  3.0%4.8%
  0.0%0.8%
  0.0%1.9%
  6.4%4.7%
  0.0%1.9%
  2.5%7.6%
  0.0%0.1%
  0.0%4.2%
  5.1%9.3%
  15.7%14.0%
  0.0%2.1%
  7.6%7.0%
  0.0%4.8%
  8.5%4.7%
Health