New Harmony, IN (zip code 47631) is a small town with a population of about 800 people. It is located in the southwestern part of Indiana and is close to amenities such as shopping centers, restaurants, medical facilities, and recreational areas. The median 2 bedroom rent price in New Harmony is $1,010 which is significantly lower than the US average price of $1,430. Furthermore, grocery costs are relatively low at 93 compared to the national grocery cost index of 100.
New Harmony has many local businesses that offer a variety of services for residents. Two noteworthy companies are Red Geranium Florist & Gifts and New Harmony Gasoline Company. Red Geranium Florist & Gifts offers a wide selection of floral arrangements, gifts, home decor items, plants and more for any occasion or event. On the other hand, New Harmony Gasoline Company provides fuel delivery services to homes or businesses within the area. Both establishments have been providing excellent service to New Harmony residents for over 50 years and have become an integral part of the community's culture.
New Harmony (zip 47631) has an unemployment rate of 3.6%. The US average is 6.0%.
New Harmony (zip 47631) has seen the job market increase by 2.3% 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 New Harmony (zip 47631)
- The Sales Tax Rate for New Harmony (zip 47631) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Harmony (zip 47631) 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 New Harmony (zip 47631)
- The average income of a New Harmony (zip 47631) resident is $28,202 a year. The US average is $28,555 a year.
- The Median household income of a New Harmony (zip 47631) resident is $56,921 a year. The US average is $69,021 a year.