Knightsville, Indiana is a small town located in Clay County with a population of 47857 people. The 2 bedroom rent in Knightsville is quite affordable, at just $850 compared to the US average of $1,430. The cost of living in Knightsville is also very fair as evidenced by its Grocery Cost Index of 91, which is nine points lower than the national average. There are numerous local businesses in Knightsville including K&R Auto Repair, Smith's Gourmet Deli, and Sarge's Flowers & Gifts. Residents can also find plenty of shopping and dining options such as Thumbtack Corner Store and New China Restaurant. With its low housing costs and fair cost-of-living index, Knightsville makes an ideal place to live for those looking for a small town experience close to home.
Knightsville (zip 47857) has an unemployment rate of 4.8%. The US average is 6.0%.
Knightsville (zip 47857) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Knightsville (zip 47857)
- The Sales Tax Rate for Knightsville (zip 47857) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Knightsville (zip 47857) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Knightsville (zip 47857)
- The average income of a Knightsville (zip 47857) resident is $22,493 a year. The US average is $37,638 a year.
- The Median household income of a Knightsville (zip 47857) resident is $71,094 a year. The US average is $69,021 a year.