Monroe City, IN (47557) is a small town in the state of Indiana located about one hour from Evansville. The rental cost for two-bedroom apartments in this city is $870, which is significantly lower than the national average of $1,430. The grocery cost index here is 90 compared to 100 elsewhere around the country. Monroe City offers its residents plenty of local businesses and amenities to enjoy. Some popular companies include Ace Hardware and First Financial Bank. There are also several parks and recreation areas around town such as Riverside Park or Honey Creek Wildlife Area. Other things to do in Monroe City include attending events at 4-H Fairgrounds or checking out the historical artifacts at Wabash Valley Museum & Historical Society.
Monroe City (zip 47557) has an unemployment rate of 3.8%. The US average is 6.0%.
Monroe City (zip 47557) has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Monroe City (zip 47557)
- The Sales Tax Rate for Monroe City (zip 47557) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Monroe City (zip 47557) 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 Monroe City (zip 47557)
- The average income of a Monroe City (zip 47557) resident is $28,417 a year. The US average is $37,638 a year.
- The Median household income of a Monroe City (zip 47557) resident is $64,009 a year. The US average is $69,021 a year.