Lynn, IN, zip code 47355 is a small town located in Randolph County. The average rent for two-bedroom apartment is $830, significantly lower than the US average of $1,430. The grocery cost index in Lynn is 90 compared to 100 in the US.
Lynn has many local businesses that contribute to its economy. Some notable ones include the Hillview Country Store, Bank of Farmland, and Sweetwater International. These companies provide jobs and resources to the community and help keep Lynn's population thriving.
Lynn (zip 47355) has an unemployment rate of 4.6%. The US average is 6.0%.
Lynn (zip 47355) has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 9.6%, which is lower than the US average of 33.5%.
Tax Rates for Lynn (zip 47355)
- The Sales Tax Rate for Lynn (zip 47355) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lynn (zip 47355) is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lynn (zip 47355)
- The average income of a Lynn (zip 47355) resident is $27,354 a year. The US average is $28,555 a year.
- The Median household income of a Lynn (zip 47355) resident is $56,827 a year. The US average is $69,021 a year.