Zip 47991 (West Lebanon, IN) Economy


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United States / Indiana / No Metro Area / Warren County / No City / West Lebanon (zip 47991)
47991 West Lebanon, IN is located in Boone County and is known as a friendly, rural community. Home to only 617 people, the area features some of the most affordable rental rates in the country with 2 bedroom rent costing an average of $880 compared to the US average of $1,430. Additionally, the grocery cost index in West Lebanon is 91 versus 100 in the US which shows a lower cost of living than other parts of the country. Local companies include The Chamber Store & More, BC Motors, and T&E HVAC. The Chamber Store & More offers a variety of unique gifts and home decor items for purchase. BC Motors provides auto repairs while T&E HVAC specializes in heating and air conditioning maintenance services. All three companies are dedicated to providing quality services and products to locals and visitors alike.

West Lebanon (zip 47991) has an unemployment rate of 3.6%. The US average is 6.0%.

West Lebanon (zip 47991) has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.

Tax Rates for West Lebanon (zip 47991)
- The Sales Tax Rate for West Lebanon (zip 47991) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for West Lebanon (zip 47991) is 5.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for West Lebanon (zip 47991)
- The average income of a West Lebanon (zip 47991) resident is $21,402 a year. The US average is $28,555 a year.
- The Median household income of a West Lebanon (zip 47991) resident is $90,114 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Lebanon, IndianaUnited States
  3.66
  -7.1%-6.2%
  30.2%33.5%
  7.0%6.2%
  5.4%4.6%
  $35,089$37,638
  $90,114$69,021
  $107,500$85,028
  Population by Occupation
  3.5%1.2%
  0.0%0.5%
  14.4%6.8%
  27.6%10.0%
  0.4%2.5%
  7.7%11.0%
  0.9%4.8%
  0.0%0.8%
  0.0%1.9%
  0.2%4.7%
  0.7%1.9%
  3.1%7.6%
  0.0%0.1%
  4.1%4.2%
  5.7%9.3%
  24.1%14.0%
  0.0%2.1%
  3.7%7.0%
  2.8%4.8%
  1.1%4.7%
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