Boone County · Indiana · Midwest · 18k residents
Lebanon, IN: economy, jobs & business costs
The site-selection read on Lebanon: 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 $1,131/wk. Indiana's corporate income tax rate is 4.9%. Commercial electricity averages 12.4¢/kWh.
Compare Lebanon side by side
Avg. weekly wage
$1,131/wk
Corporate income tax
4.9%
Bachelor's degree or higher
21.7%
Commercial electricity
12.4¢/kWh
Economic momentum
How fast Lebanon's economy is moving, ranked against the US cities we track.
58/100
Steady
Ranks Lebanon'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 | $195,600 |
| Price per sq. ft. | $150 |
| Property tax rate | 0.83% |
| 1-bedroom rent | $755/mo |
| 2-bedroom rent | $1,125/mo |
| State & local income tax | 4.75% |
| Sales tax | 7% |
| Corporate income tax | 4.9% |
| Avg. weekly wage | $1,131/wk |
| Bachelor's degree or higher | 21.7% |
| Commercial electricity | 12.4¢/kWh |
| Businesses per 1k residents | 34.5/1k |
| Wage: Software developer | $106,870 |
| Wage: Registered nurse | $84,230 |
| Wage: General manager | $120,480 |
| Wage: Customer service | $43,460 |
| Wage: Warehouse worker | $37,120 |
| Wage: Heavy truck driver | $61,980 |
| Wage: Electrician | $65,130 |
| Wage: Retail salesperson | $31,530 |
| Cost of living index | 82 |
| 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 | $65,154 |
| Unemployment rate | 3.6% |
| Population | 18k |
| Crime index | 45/100 |
| School rating | 5.8/10 |
| Walkability | 30/100 |
| Disaster risk | 43/100 |
| Avg. commute | 24 min |
| Sunny days / year | 190 days |
| July high | 83°F |
| January low | 20°F |
| Annual snowfall | 22 in |
| Home price YoY | +4.6% |
| Home price MoM | 0.0% |
| Rent YoY | — |
| Rent MoM | +1.1% |
| Employment (jobs) YoY | +5.4% |
| Building permits YoY | -68.4% |
| Ocean coast | 606 mi |
| Big lake | 117 mi |
| Mountains | 286 mi |
| Major airport | 24 mi |
| Ski resort | 104 mi |
Popular comparisons
Nearby
- Zionsville, IN · 32k
- Brownsburg, IN · 31k
- Westfield, IN · 55k
- Frankfort, IN · 16k
- Carmel, IN · 102k
Similar size
- Logansport, IN · 18k
- New Castle, IN · 17k
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- Warsaw, IN · 17k
- Vincennes, IN · 17k
Real listings in Lebanon
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Lebanon 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 $1,131/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 Lebanon, IN?
- Lebanon indexes at 82 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,125/mo and a acs median home value of $195,600.
- How much does a house cost in Lebanon?
- The acs median home value in Lebanon is $195,600 (Census ACS estimate; individual listings vary).
- How much is rent in Lebanon?
- A two-bedroom in Lebanon rents for about $1,125/mo.