Rising Sun, IN (ZIP Code 47040) is a city located in Ohio County with an estimated population of 2,050. The 2 bedroom rent here is $860, which is about 40% lower than the US average of $1,430. Grocery items are also cheaper here with a grocery cost index of 97 versus 100 in the US. This makes it an attractive place to live for those who want to save on their monthly expenses. Rising Sun has several local businesses that provide goods and services such as Marshall's Automotive Service Center, Party Time Catering and Rentals LLC, Woods Electric Motor Repair & Supply Inc., Pinnacle Property Solutions LLC, and Stoner Drywall LLC. These companies offer reliable services that meet the needs of the community and contribute to the overall development of Rising Sun.
Rising Sun (zip 47040) has an unemployment rate of 4.1%. The US average is 6.0%.
Rising Sun (zip 47040) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 34.6%, which is higher than the US average of 33.5%.
Tax Rates for Rising Sun (zip 47040)
- The Sales Tax Rate for Rising Sun (zip 47040) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rising Sun (zip 47040) 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 Rising Sun (zip 47040)
- The average income of a Rising Sun (zip 47040) resident is $22,306 a year. The US average is $28,555 a year.
- The Median household income of a Rising Sun (zip 47040) resident is $55,703 a year. The US average is $69,021 a year.