Zip 47597 (Wheatland, IN) Economy


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United States / Indiana / Vincennes Metro Area / Knox County / No City / Wheatland (zip 47597)
Wheatland, IN is an unincorporated census-designated place located in Tippecanoe County, Indiana. The population of Wheatland is estimated to be 47597. The area offers affordable housing with 2 bedroom rent costing $850 compared to the US average of $1,430. Moreover, Wheatland's location makes it an attractive destination for businesses and residents alike as it has lower grocery costs index at 89 compared to the US average of 100. Local companies include Kroger, Dollar General, and Walgreens which are convenient stops for groceries and other necessities. All in all, Wheatland offers a great quality of life at a low cost when compared to other cities in the United States.

Wheatland (zip 47597) has an unemployment rate of 3.8%. The US average is 6.0%.

Wheatland (zip 47597) 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 Wheatland (zip 47597)
- The Sales Tax Rate for Wheatland (zip 47597) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wheatland (zip 47597) 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 Wheatland (zip 47597)
- The average income of a Wheatland (zip 47597) resident is $28,994 a year. The US average is $37,638 a year.
- The Median household income of a Wheatland (zip 47597) resident is $65,568 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWheatland, 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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