Pennville, IN, located in Jay county is a warm and inviting community with a population of just over 500 people. The local economy is driven by small businesses such as Pennville Foods, Bashore Hardware & Variety Store, and Lee's Repair. Rent for a two bedroom apartment in Pennville is $830 per month and the Grocery Cost Index for the area is 91 versus 100 in the US. The town also offers plenty to do with its multiple parks, a library, and several restaurants to choose from. Overall, Pennville offers everything one needs to get the most out of life.
Pennville (zip 47369) has an unemployment rate of 3.9%. The US average is 6.0%.
Pennville (zip 47369) has seen the job market decrease by -10.1% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Pennville (zip 47369)
- The Sales Tax Rate for Pennville (zip 47369) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Pennville (zip 47369) is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Pennville (zip 47369)
- The average income of a Pennville (zip 47369) resident is $25,078 a year. The US average is $37,638 a year.
- The Median household income of a Pennville (zip 47369) resident is $45,000 a year. The US average is $69,021 a year.