47038 Patriot, IN, located in the southwestern tip of Indiana, is an ideal spot for anyone looking to rent a two-bedroom apartment without breaking the bank. With rent prices averaging around $850 per month, it's not hard to find a great deal in this quiet community. Local businesses contribute to the appeal of living here as well. The town boasts coffee shops such as Groundhog Cafe and O'Daniel's Market Deli where patrons can grab breakfast or lunch on the run. For dinner, locals can visit Tumbleweed Tex Mex Grill & Margarita Bar or Joseph Decuis Restaurant for some delicious fare. Shopping options are plentiful too with stores such as Wal-Mart and Lowe's nearby. The area also offers up many outdoor recreation activities like fishing and hunting at nearby Patoka Lake or visiting one of the town’s numerous parks. While grocery cost index is slightly higher than that of the US average at 95 compared to 100, this does not detract from Patriot’s overall low cost of living; which makes it an attractive place to live for those seeking affordable housing options.
Patriot (zip 47038) has an unemployment rate of 5.1%. The US average is 6.0%.
Patriot (zip 47038) has seen the job market decrease by -9.6% over the last year. Future job growth over the next ten years is predicted to be 34.9%, which is higher than the US average of 33.5%.
Tax Rates for Patriot (zip 47038)
- The Sales Tax Rate for Patriot (zip 47038) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Patriot (zip 47038) is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Patriot (zip 47038)
- The average income of a Patriot (zip 47038) resident is $19,440 a year. The US average is $37,638 a year.
- The Median household income of a Patriot (zip 47038) resident is $63,300 a year. The US average is $69,021 a year.