Zip 47660 (Oakland City, IN) Economy


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United States / Indiana / No Metro Area / Gibson County / No City / Oakland City (zip 47660)
\nOakland City, IN (47650) is a small city located in Gibson County. It has a population of roughly 3,000 people. The cost of living is slightly lower than the US average with a 2 bedroom rental costing $1050 compared to $1430 nationally. Additionally, the grocery cost index is 90 versus 100 for the US as a whole.
Oakland City offers many local businesses and attractions that make it an appealing place to live. Popular restaurants in the area include Johnny B's Pizza and Marios Italian Restaurant while popular shopping spots include Oakland City Gift & Flower Shop and LJ’s Hardware Store. Recreational activities can be found at Oakland City Town Park and The Rail Golf Club both of which are just minutes from downtown.
Overall, Oakland City is an affordable and attractive small town perfect for those looking for a laid back lifestyle yet close enough to larger cities such as Evansville, Indiana (just 40 miles away). With its low cost of living and abundance of recreational activities, it's easy to see why Oakland City is quickly becoming a popular destination for those seeking an escape from big city living.

Oakland City (zip 47660) has an unemployment rate of 3.4%. The US average is 6.0%.

Oakland City (zip 47660) has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.

Tax Rates for Oakland City (zip 47660)
- The Sales Tax Rate for Oakland City (zip 47660) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Oakland City (zip 47660) is 3.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Oakland City (zip 47660)
- The average income of a Oakland City (zip 47660) resident is $20,851 a year. The US average is $28,555 a year.
- The Median household income of a Oakland City (zip 47660) resident is $50,341 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOakland City, IndianaUnited States
  3.46
  -4.0%-6.2%
  34.2%33.5%
  7.0%6.2%
  3.9%4.6%
  $25,980$37,638
  $50,341$69,021
  $56,719$85,028
  Population by Occupation
  2.5%1.2%
  1.0%0.5%
  5.1%6.8%
  26.1%10.0%
  2.6%2.5%
  8.3%11.0%
  8.5%4.8%
  2.5%0.8%
  1.8%1.9%
  0.8%4.7%
  0.7%1.9%
  0.9%7.6%
  0.0%0.1%
  3.1%4.2%
  17.6%9.3%
  7.7%14.0%
  0.8%2.1%
  4.7%7.0%
  2.8%4.8%
  2.5%4.7%
Health