Zip 47670 (Princeton, IN) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Indiana / No Metro Area / Gibson County / No City / Princeton (zip 47670)
Princeton, IN, with zip code 47670 is a small town located in southwestern Indiana. It is located just north of Evansville and about an hour away from St. Louis. The cost of living in Princeton is relatively low compared to the rest of the US, with a 2 bedroom rental averaging $810 versus $1430 in the US. In addition, its Grocery Cost Index is 90 as opposed to 100 in the United States. There are many companies and attractions local to Princeton, such as Perfection Group Inc., which specializes in metal fabrication and has been a fixture of the community for over 50 years. There is also the historic Princeton Theater which provides locals with a place to watch movies and catch up on the latest entertainment news. For those looking for outdoor activities, there are several parks and recreation centers located throughout the city including White River Park and Busseron Creek Park.

Princeton (zip 47670) has an unemployment rate of 3.4%. The US average is 6.0%.

Princeton (zip 47670) has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.

Tax Rates for Princeton (zip 47670)
- The Sales Tax Rate for Princeton (zip 47670) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Princeton (zip 47670) is 3.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Princeton (zip 47670)
- The average income of a Princeton (zip 47670) resident is $23,026 a year. The US average is $28,555 a year.
- The Median household income of a Princeton (zip 47670) resident is $56,429 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPrinceton, IndianaUnited States
  3.46
  -4.0%-6.2%
  34.2%33.5%
  7.0%6.2%
  3.9%4.6%
  $28,601$37,638
  $56,429$69,021
  $73,645$85,028
  Population by Occupation
  1.2%1.2%
  2.0%0.5%
  5.1%6.8%
  29.4%10.0%
  1.0%2.5%
  18.2%11.0%
  5.0%4.8%
  1.4%0.8%
  1.4%1.9%
  1.4%4.7%
  0.8%1.9%
  2.3%7.6%
  0.0%0.1%
  3.6%4.2%
  7.5%9.3%
  9.5%14.0%
  0.8%2.1%
  4.8%7.0%
  2.9%4.8%
  1.6%4.7%
Health