Lanesville, Indiana (47136) offers an affordable cost of living compared to the US average. The 2 bedroom rent in Lanesville is $960, which is much lower than the US average of $1,430. This can make it ideal for those looking for a more budget-friendly living situation. Additionally, groceries are slightly cheaper in Lanesville as indicated by its Grocery Cost Index of 99 versus 100 in the US.
There are many local businesses that contribute to the economic success of Lanesville. Notable companies include Walthers Construction Company and Coady Construction Manufacturing Company. These businesses provide jobs for locals and bring in revenue to the city. As a result, they can keep costs down on housing and other goods and services. All these factors make Lanesville an attractive place to live with its affordable cost of living and thriving economy.
Lanesville (zip 47136) has an unemployment rate of 3.8%. The US average is 6.0%.
Lanesville (zip 47136) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.
Tax Rates for Lanesville (zip 47136)
- The Sales Tax Rate for Lanesville (zip 47136) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lanesville (zip 47136) is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lanesville (zip 47136)
- The average income of a Lanesville (zip 47136) resident is $34,282 a year. The US average is $37,638 a year.
- The Median household income of a Lanesville (zip 47136) resident is $92,866 a year. The US average is $69,021 a year.