Zip 47880 (Shepardsville, IN) Economy


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Shepardsville, Indiana is a small town situated in Floyd County. It is home to 47880 residents who enjoy the peaceful atmosphere and the close proximity to nature. The two bedroom rent in Shepardsville is quite affordable at $850 per month which is significantly lower than the US average of $1,430. When it comes to groceries, Shepardsville also offers great value with its Grocery Cost Index rating of 92 compared to the US average of 100. This makes it a great choice for those looking for an affordable place to live. Local businesses include Shepardsville Hardware, Shepardsville Diner, Clear Creek Medical Center and many more.

Shepardsville (zip 47880) has an unemployment rate of 5.6%. The US average is 6.0%.

Shepardsville (zip 47880) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.

Tax Rates for Shepardsville (zip 47880)
- The Sales Tax Rate for Shepardsville (zip 47880) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Shepardsville (zip 47880) is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Shepardsville (zip 47880)
- The average income of a Shepardsville (zip 47880) resident is $21,920 a year. The US average is $37,638 a year.
- The Median household income of a Shepardsville (zip 47880) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShepardsville, IndianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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