Veedersburg, IN is a small town located in Fountain County, with a population of 47987. It is known for its quaint atmosphere and excellent quality of life. The 2 bedroom rent in Veedersburg is significantly lower than the US average at just $810, making it an ideal place to live for those on a budget. When it comes to grocery costs, Veedersburg has an Index of 91 compared to 100 in the US as a whole.
The local economy in Veedersburg is mainly supported by companies such as McFarling Foods Inc., Waste Management, Smithfield Foods Inc., and Quality Plus Automotive Parts LLC. There are also many small businesses offering goods and services throughout the area. As an example of economic growth here, there was a 4 percent increase in taxable sales and use from 2017 to 2018 according to Fountain County figures. Veedersburg is an idyllic place to call home with its low cost of living and growing economic opportunities!
Veedersburg (zip 47987) has an unemployment rate of 4.2%. The US average is 6.0%.
Veedersburg (zip 47987) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Veedersburg (zip 47987)
- The Sales Tax Rate for Veedersburg (zip 47987) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Veedersburg (zip 47987) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Veedersburg (zip 47987)
- The average income of a Veedersburg (zip 47987) resident is $27,772 a year. The US average is $37,638 a year.
- The Median household income of a Veedersburg (zip 47987) resident is $57,670 a year. The US average is $69,021 a year.