Winchester, IN is a vibrant city with an estimated population of 47394. The 2 bedroom rent in Winchester is $850 which is much cheaper than the US average rate of $1,430. Groceries are also reasonably priced with a grocery cost index of 91 compared to the US which stands at 100. The town has an array of local companies that offer services and products such as Loeb’s Supermarket, Winchester Meats, B&R Plastics Inc., and KCB Industries Inc. There are also many other small businesses located within the city that contribute to its economy.
Winchester (zip 47394) has an unemployment rate of 4.6%. The US average is 6.0%.
Winchester (zip 47394) has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 9.6%, which is lower than the US average of 33.5%.
Tax Rates for Winchester (zip 47394)
- The Sales Tax Rate for Winchester (zip 47394) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Winchester (zip 47394) is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Winchester (zip 47394)
- The average income of a Winchester (zip 47394) resident is $29,702 a year. The US average is $37,638 a year.
- The Median household income of a Winchester (zip 47394) resident is $59,970 a year. The US average is $69,021 a year.