Vanderburgh County · Indiana · Midwest · 116k residents
Evansville, IN: economy, jobs & business costs
The site-selection read on Evansville: labor costs, talent, corporate tax, energy, and business activity, with the Indiana median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,144/wk. Indiana's corporate income tax rate is 4.9%. Commercial electricity averages 12.4¢/kWh.
Compare Evansville side by side
Avg. weekly wage
$1,144/wk
Corporate income tax
4.9%
Bachelor's degree or higher
22.8%
Commercial electricity
12.4¢/kWh
Economic momentum
How fast Evansville's economy is moving, ranked against the US cities we track.
57/100
Steady
Ranks Evansville's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $143,100 |
| Price per sq. ft. | $150 |
| Property tax rate | 0.83% |
| 1-bedroom rent | $806/mo |
| 2-bedroom rent | $1,058/mo |
| State & local income tax | 4.75% |
| Sales tax | 7% |
| Corporate income tax | 4.9% |
| Avg. weekly wage | $1,144/wk |
| Bachelor's degree or higher | 22.8% |
| Commercial electricity | 12.4¢/kWh |
| Businesses per 1k residents | 29.0/1k |
| Wage: Software developer | $98,560 |
| Wage: Registered nurse | $83,820 |
| Wage: General manager | $102,580 |
| Wage: Customer service | $39,410 |
| Wage: Warehouse worker | $34,080 |
| Wage: Heavy truck driver | $55,570 |
| Wage: Electrician | $79,240 |
| Wage: Retail salesperson | $30,130 |
| Cost of living index | 78 |
| Groceries index | 95 |
| Utilities | $165/mo |
| Transit pass | $60/mo |
| Gas price | $3.20/gal |
| Healthcare index | 95 |
| Childcare (per child) | $900/mo |
| Median household income | $53,387 |
| Unemployment rate | 3.6% |
| Population | 116k |
| Crime index | 45/100 |
| School rating | 5.8/10 |
| Walkability | 38/100 |
| Disaster risk | 91/100 |
| Avg. commute | 24 min |
| Sunny days / year | 190 days |
| July high | 89°F |
| January low | 27°F |
| Annual snowfall | — |
| Home price YoY | +3.8% |
| Home price MoM | +0.2% |
| Rent YoY | +6.2% |
| Rent MoM | +0.3% |
| Employment (jobs) YoY | +0.3% |
| Building permits YoY | +10.5% |
| Ocean coast | 528 mi |
| Big lake | 93 mi |
| Mountains | 175 mi |
| Major airport | 100 mi |
| Ski resort | 166 mi |
Popular comparisons
Nearby
- Jasper, IN · 16k
- Vincennes, IN · 17k
- New Albany, IN · 38k
- Bloomington, IN · 80k
- Jeffersonville, IN · 51k
Similar size
- South Bend, IN · 103k
- Fishers, IN · 102k
- Carmel, IN · 102k
- Hammond, IN · 77k
- Noblesville, IN · 73k
Real listings in Evansville
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Evansville a good place to run a business?
- Indiana's corporate income tax rate is 4.9%; average weekly wages in the surrounding labor market run $1,144/wk; commercial electricity averages 12.4¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Evansville, IN?
- Evansville indexes at 78 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,058/mo and a acs median home value of $143,100.
- How much does a house cost in Evansville?
- The acs median home value in Evansville is $143,100 (Census ACS estimate; individual listings vary).
- How much is rent in Evansville?
- A two-bedroom in Evansville rents for about $1,058/mo.