New Goshen, IN with the zip code 47863 has a two-bedroom rent of $840, which is much lower than the national average of $1,430. The Grocery Cost Index in New Goshen is also low at 94 compared to the US index of 100. There are numerous businesses that work in and around New Goshen. Locally owned companies such as Elmore's Floral & Gifts, Metcalfe Automotive LLC, and Feller Tree & Landscape offer goods and services to locals in the community. Other larger companies such as Walmart and Pizza Hut also have stores located nearby in Terre Haute.
New Goshen (zip 47863) has an unemployment rate of 5.6%. The US average is 6.0%.
New Goshen (zip 47863) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.
Tax Rates for New Goshen (zip 47863)
- The Sales Tax Rate for New Goshen (zip 47863) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Goshen (zip 47863) 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 New Goshen (zip 47863)
- The average income of a New Goshen (zip 47863) resident is $26,931 a year. The US average is $37,638 a year.
- The Median household income of a New Goshen (zip 47863) resident is $66,458 a year. The US average is $69,021 a year.