Zip 47968 (New Ross, IN) Economy


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The town of New Ross, IN has a population of 47968 and is known for its small-town charm. Rent for a two-bedroom apartment is $910 per month, which is significantly lower than the US average rent of $1,430 for the same. Additionally, the grocery cost index in New Ross is 92 compared to 100 in the US. Some local attractions and companies are Suhre & Associates Marina which offers boat sales and service, Miller's Bakery with delicious treats like pies and cookies, as well as Country Heritage Winery where visitors can enjoy an afternoon among vineyards and taste some of their wines.

New Ross (zip 47968) has an unemployment rate of 3.6%. The US average is 6.0%.

New Ross (zip 47968) 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 Ross (zip 47968)
- The Sales Tax Rate for New Ross (zip 47968) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Ross (zip 47968) 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 Ross (zip 47968)
- The average income of a New Ross (zip 47968) resident is $26,789 a year. The US average is $37,638 a year.
- The Median household income of a New Ross (zip 47968) resident is $65,139 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Ross, 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%
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