Zip 47620 (Mount Vernon, IN) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Indiana / Evansville Metro Area / Posey County / No City / Mount Vernon (zip 47620)
47620 Mount Vernon, IN is a small town located in southwest Indiana. It offers residents an affordable cost of living with many great amenities. The average rent for a 2 bedroom apartment in this area is just $900, making it a great option for those looking for affordable housing. There are some great local businesses to explore such as The General Store, Mt. Vernon Farmers Market , and Brandywine Creek Winery & Distillery . Additionally, the area features plenty of recreational activities such as hiking trails and parks, including Harmonie State Park and Hatfield wilderness Trails. With its great amenities and affordability, 47620 Mount Vernon, IN is a great place to call home.

Mount Vernon (zip 47620) has an unemployment rate of 3.6%. The US average is 6.0%.

Mount Vernon (zip 47620) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.

Tax Rates for Mount Vernon (zip 47620)
- The Sales Tax Rate for Mount Vernon (zip 47620) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Vernon (zip 47620) is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Mount Vernon (zip 47620)
- The average income of a Mount Vernon (zip 47620) resident is $35,219 a year. The US average is $37,638 a year.
- The Median household income of a Mount Vernon (zip 47620) resident is $66,294 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMount Vernon, IndianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.