Lexington, Indiana (zip code 47138) is located in Scott county and is an ideal place to live with a variety of local companies, amenities, and schools. The median two-bedroom rent here is much lower than the U.S. average at $1,120 making it an affordable option for those looking for budget friendly living options. Additionally, the Grocery Cost Index is only 94 versus 100 in the US which makes maintaining a balanced budget all the easier. A few popular local businesses include Precision Automotive Services Inc., Butler Fairman & Seufert Inc., and Oelkers Construction Co Inc. In terms of amenities, Lexington offers a variety of shopping centers including Southside Shopping Center and Sycamore Plaza Shopping Center. Furthermore, there are several excellent schooling options in the area including Simmons Elementary School, Hayden Elementary School, and Lexington Middle School.
Lexington (zip 47138) has an unemployment rate of 4.9%. The US average is 6.0%.
Lexington (zip 47138) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 34.1%, which is higher than the US average of 33.5%.
Tax Rates for Lexington (zip 47138)
- The Sales Tax Rate for Lexington (zip 47138) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lexington (zip 47138) is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lexington (zip 47138)
- The average income of a Lexington (zip 47138) resident is $22,642 a year. The US average is $28,555 a year.
- The Median household income of a Lexington (zip 47138) resident is $66,553 a year. The US average is $69,021 a year.