Oldenburg, Indiana (47036) is a small town in Franklin County located just east of Indianapolis. It has an estimated population of 1,284 people. Rent for two-bedroom apartments in Oldenburg is relatively affordable at $880 per month compared to the US average of $1,430. Grocery costs are slightly higher than the US average, with an index score of 101 versus 100 in the US.
There are several local companies that provide rental services in Oldenburg including Hallmark Rentals and Bell Tower Realty. These companies can help renters find suitable and affordable housing options within the area. Overall, Oldenburg provides a good balance between affordability and convenience due to its close proximity to Indianapolis. The cost of living is slightly higher than the US average but still considerably lower than many other major cities.
Oldenburg (zip 47036) has an unemployment rate of 4.1%. The US average is 6.0%.
Oldenburg (zip 47036) has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.
Tax Rates for Oldenburg (zip 47036)
- The Sales Tax Rate for Oldenburg (zip 47036) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Oldenburg (zip 47036) 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 Oldenburg (zip 47036)
- The average income of a Oldenburg (zip 47036) resident is $47,404 a year. The US average is $37,638 a year.
- The Median household income of a Oldenburg (zip 47036) resident is $77,566 a year. The US average is $69,021 a year.