Zip 47368 (Parker City, IN) Economy


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United States / Indiana / No Metro Area / Randolph County / No City / Parker City (zip 47368)
Parker City, IN (47368) is an affordable place to live. The average 2 bedroom rent is $820, which is significantly lower than the US average of $1,430. The grocery cost index in Parker City is 91 compared to the national average of 100. This means that groceries are more affordable here than in many other places throughout the US. Parker City also has a variety of stores where locals can purchase goods at low prices. For example, Walmart offers items at extremely low prices, while Schnucks Supermarket sells fresh produce and groceries for competitive prices. Other local stores include Dollar General, Family Dollar, Goody's Grocery Store and CVS Pharmacy. All of these stores provide Parker City locals with reasonably priced goods and services.

Parker City (zip 47368) has an unemployment rate of 4.6%. The US average is 6.0%.

Parker City (zip 47368) has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 9.6%, which is lower than the US average of 33.5%.

Tax Rates for Parker City (zip 47368)
- The Sales Tax Rate for Parker City (zip 47368) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Parker City (zip 47368) is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Parker City (zip 47368)
- The average income of a Parker City (zip 47368) resident is $30,864 a year. The US average is $37,638 a year.
- The Median household income of a Parker City (zip 47368) resident is $56,892 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyParker City, 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%
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    Unlock10.0%
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    Unlock11.0%
    Unlock4.8%
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    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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