Zip 47551 (Leopold, IN) Economy


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United States / Indiana / No Metro Area / Perry County / No City / Leopold (zip 47551)
47551 Leopold, IN is an ideal place to live for people looking for a budget-friendly home. 2 Bedroom Rent in Leopold is only $830 compared to the US average of $1,430. Additionally, groceries are also cheaper than the US average with a grocery cost index of 92 versus 100 in the US. The city has many local businesses and attractions that make it a great place to call home. There are several restaurants such as The Gathering Place, Donut Bank and Pizza King which offer delicious meals at affordable prices. For entertainment, there are outdoor activities such as hiking trails at Hovey Lake State Recreation Area or mini golf at Golfland. There’s also shopping opportunities like Redoak Boutique and Kizzire Mercantile where you can find items from local artists and makers.

Leopold (zip 47551) has an unemployment rate of 4.2%. The US average is 6.0%.

Leopold (zip 47551) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.

Tax Rates for Leopold (zip 47551)
- The Sales Tax Rate for Leopold (zip 47551) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Leopold (zip 47551) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Leopold (zip 47551)
- The average income of a Leopold (zip 47551) resident is $22,108 a year. The US average is $28,555 a year.
- The Median household income of a Leopold (zip 47551) resident is $89,821 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLeopold, IndianaUnited States
  4.26
  -5.1%-6.2%
  27.0%33.5%
  7.0%6.2%
  5.0%4.6%
  $37,596$37,638
  $89,821$69,021
  $92,188$85,028
  Population by Occupation
  2.5%1.2%
  2.5%0.5%
  7.3%6.8%
  40.8%10.0%
  4.1%2.5%
  3.8%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  2.5%4.7%
  0.0%1.9%
  2.5%7.6%
  0.0%0.1%
  0.0%4.2%
  6.4%9.3%
  18.5%14.0%
  0.0%2.1%
  3.8%7.0%
  0.0%4.8%
  5.1%4.7%
Health