Zip 47954 (Ladoga, IN) Economy


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The small town of Ladoga, Indiana has a population of 479 people. It is located in Montgomery County and is known for its quiet rural living. Rent for a two bedroom apartment in Ladoga is just $920 per month, much lower than the US average of $1,430. This helps contribute to an overall lower cost of living compared to the rest of the country; the Grocery Cost Index for Ladoga is 93 versus 100 in the US.
Ladoga has a few local businesses that are popular amongst residents. There's Kindred Spirits Winery and Tasting Room which offers wine tasting and live music events, as well as Stout's Tree Farm & Greenhouse which provides fresh Christmas trees during the holiday season. There's also E&S Hardware & Rental which supplies rental tools and equipment to locals who need them.
Overall, Ladoga offers a peaceful and affordable lifestyle that appeals to many people looking to settle down away from larger cities. With its low rent prices and grocery cost index, it can be an ideal place to call home if you're trying to save money on living expenses without sacrificing quality of life.

Ladoga (zip 47954) has an unemployment rate of 3.6%. The US average is 6.0%.

Ladoga (zip 47954) has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.

Tax Rates for Ladoga (zip 47954)
- The Sales Tax Rate for Ladoga (zip 47954) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ladoga (zip 47954) is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Ladoga (zip 47954)
- The average income of a Ladoga (zip 47954) resident is $32,540 a year. The US average is $37,638 a year.
- The Median household income of a Ladoga (zip 47954) resident is $75,556 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLadoga, IndianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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