North Vernon, IN is a city in Jennings County, located in the Southern part of Indiana. The population of the city is 6,949 as of 2019. Two-bedroom rent in North Vernon is much lower than the national average at $830 per month. The Grocery Cost Index for this area is 93 compared to the US average of 100, making it an affordable place to live.
North Vernon has many local businesses that make up its economy, including Big O Tires and Tire Kingdom for automotive needs, Kroger and Family Dollar for groceries and supplies, and Greenbriar Veterinary Hospital for pet care. Additionally, there are several restaurants and small shops that can be found throughout the city.
North Vernon (zip 47265) has an unemployment rate of 5.0%. The US average is 6.0%.
North Vernon (zip 47265) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.
Tax Rates for North Vernon (zip 47265)
- The Sales Tax Rate for North Vernon (zip 47265) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for North Vernon (zip 47265) 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 North Vernon (zip 47265)
- The average income of a North Vernon (zip 47265) resident is $27,183 a year. The US average is $37,638 a year.
- The Median household income of a North Vernon (zip 47265) resident is $58,728 a year. The US average is $69,021 a year.