Zip 47591 (Vincennes, IN) Economy


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United States / Indiana / Vincennes Metro Area / Knox County / No City / Vincennes (zip 47591)
Vincennes, IN is a small city located in Knox County. With an estimated population of 8,631 people, it is a quaint and peaceful place to call home. The average two bedroom rent for the area is significantly lower than the US average of $1,430 at $840. Grocery costs are also notably lower than in the US index with a score of 90 versus 100 across the country. Local businesses that serve the Vincennes community include J&J Electric Inc., H&S Automotive, Specialty Auto Sales Inc., as well as numerous small restaurants and cafes.

Vincennes (zip 47591) has an unemployment rate of 3.8%. The US average is 6.0%.

Vincennes (zip 47591) has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Vincennes (zip 47591)
- The Sales Tax Rate for Vincennes (zip 47591) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Vincennes (zip 47591) 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 Vincennes (zip 47591)
- The average income of a Vincennes (zip 47591) resident is $29,763 a year. The US average is $37,638 a year.
- The Median household income of a Vincennes (zip 47591) resident is $49,661 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVincennes, IndianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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