Knightstown, IN is a small town located in Henry County, with a population of around 1,800 people. The town's economy is supported by several local businesses including Naylor Family Farm, Chris' Place Restaurant & Pizzeria, and Browning's Automotive. Although the cost of living is lower than the US average overall, residents can expect to pay $1,050 for a two-bedroom rental in Knightstown. The grocery cost index for the area also stands at 93 compared to 100 in the US.
Knightstown (zip 46148) has an unemployment rate of 4.3%. The US average is 6.0%.
Knightstown (zip 46148) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.
Tax Rates for Knightstown (zip 46148)
- The Sales Tax Rate for Knightstown (zip 46148) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Knightstown (zip 46148) is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Knightstown (zip 46148)
- The average income of a Knightstown (zip 46148) resident is $28,380 a year. The US average is $37,638 a year.
- The Median household income of a Knightstown (zip 46148) resident is $65,769 a year. The US average is $69,021 a year.