Zip 47356 (Middletown, IN) Economy


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United States / Indiana / New Castle Metro Area / Henry County / No City / Middletown (zip 47356)
47356 Middletown, IN is a great place to live due to its low cost of living. It has an average 2 bedroom rent of $830, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in 47356 Middletown, IN is 93 compared to 100 in the US, making it an affordable location for groceries as well. As far as local companies go, there are many options for employment such as Goodyear Tire and Rubber Co., Dannon Foods Inc., and Horseshoe Casino & Hotel. The city also offers competitive wages; on average a worker earns $45K per year.

Middletown (zip 47356) has an unemployment rate of 4.3%. The US average is 6.0%.

Middletown (zip 47356) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.

Tax Rates for Middletown (zip 47356)
- The Sales Tax Rate for Middletown (zip 47356) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Middletown (zip 47356) is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Middletown (zip 47356)
- The average income of a Middletown (zip 47356) resident is $23,426 a year. The US average is $28,555 a year.
- The Median household income of a Middletown (zip 47356) resident is $62,072 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMiddletown, IndianaUnited States
  4.36
  -4.9%-6.2%
  35.5%33.5%
  7.0%6.2%
  4.7%4.6%
  $33,207$37,638
  $62,072$69,021
  $77,623$85,028
  Population by Occupation
  1.1%1.2%
  0.6%0.5%
  9.0%6.8%
  12.2%10.0%
  5.2%2.5%
  13.8%11.0%
  4.5%4.8%
  0.0%0.8%
  1.6%1.9%
  4.1%4.7%
  1.1%1.9%
  6.7%7.6%
  0.0%0.1%
  5.2%4.2%
  7.3%9.3%
  12.4%14.0%
  1.8%2.1%
  4.6%7.0%
  5.0%4.8%
  3.7%4.7%
Health