47970 Otterbein, IN is a wonderful place to call home. It offers affordable 2 bedroom rental prices at $1,000 per month and despite the low cost of rent, it still has an impressive grocery cost index of 92 compared to the US average of 100. The town also boasts plenty of local businesses to support its residents. For instance, there's the “Flower’s Family Bakery” that makes delicious pies and baked goods for special occasions or just everyday treats. Or you can check out “Wong’s Chinese Restaurant” for some delicious Asian cuisine. There's also the “Manor Country Club” which is one of the best golf courses in the area and is a favorite among local golfers. 47970 Otterbein, IN truly has something for everyone!
Otterbein (zip 47970) has an unemployment rate of 3.9%. The US average is 6.0%.
Otterbein (zip 47970) has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Otterbein (zip 47970)
- The Sales Tax Rate for Otterbein (zip 47970) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Otterbein (zip 47970) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Otterbein (zip 47970)
- The average income of a Otterbein (zip 47970) resident is $38,328 a year. The US average is $37,638 a year.
- The Median household income of a Otterbein (zip 47970) resident is $59,148 a year. The US average is $69,021 a year.