Zip 47170 (Scottsburg, IN) Economy


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Scottsburg, Indiana, located in Scott County, is a small town with a population of approximately 4717 people. This small town offers its residents a relaxed Midwestern lifestyle at an affordable cost of living. The average 2 bedroom rent in Scottsburg is $1,100 which is lower than the national average of $1,430. Furthermore, the grocery cost index in Scottsburg is 94 versus 100 nationally. This makes it more affordable for families to live comfortably in Scottsburg.
The business community in Scottsburg features several local companies including Freeman’s Furniture LLC, Mr. Sneed's Beef Jerky and Country Meats Incorporated among many other local businesses. These companies offer employment opportunities and products that are unique to the area. All these factors combined make Scottsburg an attractive place to live with a low cost of living index that ensures families can enjoy life without breaking their budgets.

Scottsburg (zip 47170) has an unemployment rate of 4.9%. The US average is 6.0%.

Scottsburg (zip 47170) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 34.1%, which is higher than the US average of 33.5%.

Tax Rates for Scottsburg (zip 47170)
- The Sales Tax Rate for Scottsburg (zip 47170) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Scottsburg (zip 47170) is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Scottsburg (zip 47170)
- The average income of a Scottsburg (zip 47170) resident is $20,509 a year. The US average is $28,555 a year.
- The Median household income of a Scottsburg (zip 47170) resident is $46,512 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyScottsburg, IndianaUnited States
  4.96
  -6.0%-6.2%
  34.1%33.5%
  7.0%6.2%
  5.4%4.6%
  $25,591$37,638
  $46,512$69,021
  $63,016$85,028
  Population by Occupation
  0.8%1.2%
  0.2%0.5%
  6.6%6.8%
  27.0%10.0%
  0.9%2.5%
  16.3%11.0%
  6.2%4.8%
  2.3%0.8%
  0.0%1.9%
  2.2%4.7%
  0.6%1.9%
  2.9%7.6%
  0.0%0.1%
  1.8%4.2%
  4.8%9.3%
  14.2%14.0%
  0.6%2.1%
  4.6%7.0%
  4.7%4.8%
  3.3%4.7%
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