47042 Versailles, IN is an excellent place to live for those looking for a metropolitan area with a small-town feel. The median 2 bedroom rent in the area is $870 making it much more affordable than the national average of $1,430. Grocery costs are also lower in 47042 Versailles as well with an index of 96 meaning prices are 4% lower than the U.S. average. Local businesses located in or around 47042 Versailles, IN include J&R Electric Motors and Pumps, Rhonda's Place Salon and Spa, Hoosier Gun Works LLC, and D&D Automotive Repair & Service LLC.
Versailles (zip 47042) has an unemployment rate of 3.9%. The US average is 6.0%.
Versailles (zip 47042) 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 34.3%, which is higher than the US average of 33.5%.
Tax Rates for Versailles (zip 47042)
- The Sales Tax Rate for Versailles (zip 47042) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Versailles (zip 47042) 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 Versailles (zip 47042)
- The average income of a Versailles (zip 47042) resident is $30,903 a year. The US average is $37,638 a year.
- The Median household income of a Versailles (zip 47042) resident is $71,382 a year. The US average is $69,021 a year.