New Richmond, Indiana is a vibrant, small community with a population of 47967. It offers residents an excellent quality of life with an average two-bedroom rent of $1,200 compared to the US average of $1,430. Additionally, grocery cost index in New Richmond is 92 versus 100 in the US.
The town is home to a many local businesses and shops including the popular Feed & Grain Restaurant & Market, The Exchange Consignment Shoppe, Zink's Country Store and Riverview Tractor Sales LLC. There are plenty of opportunities for outdoor recreation at White River Campground or shopping downtown at boutiques like Swagger Boutique and Bell’s Grocery & Deli. No matter what you're looking for or need in New Richmond, Indiana it's easy to find something great locally!
New Richmond (zip 47967) has an unemployment rate of 3.6%. The US average is 6.0%.
New Richmond (zip 47967) has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for New Richmond (zip 47967)
- The Sales Tax Rate for New Richmond (zip 47967) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Richmond (zip 47967) is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Richmond (zip 47967)
- The average income of a New Richmond (zip 47967) resident is $33,391 a year. The US average is $37,638 a year.
- The Median household income of a New Richmond (zip 47967) resident is $70,762 a year. The US average is $69,021 a year.