Terre Haute, Indiana is a charming city located in Vigo County with a population of 60,785. It offers many opportunities for employment at local companies such as Rose-Hulman Institute of Technology, Union Hospital, and Terre Haute Regional Hospital. The cost of living in Terre Haute is relatively low compared to other cities across the nation with 2 bedroom rent averaging $840 per month compared to the U.S average of $1,430. Additionally, grocery cost index in Terre Haute is 93 versus 100 in the US which means it is 7% more affordable than most of the country. Overall living costs are reasonable and make it an attractive place to live for all types of people.
Terre Haute (zip 47805) has an unemployment rate of 5.6%. The US average is 6.0%.
Terre Haute (zip 47805) 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 28.1%, which is lower than the US average of 33.5%.
Tax Rates for Terre Haute (zip 47805)
- The Sales Tax Rate for Terre Haute (zip 47805) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Terre Haute (zip 47805) 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 Terre Haute (zip 47805)
- The average income of a Terre Haute (zip 47805) resident is $24,040 a year. The US average is $28,555 a year.
- The Median household income of a Terre Haute (zip 47805) resident is $60,530 a year. The US average is $69,021 a year.