Gaston, Indiana, which is located in the zip code 47342, is a small town with a population of 2,494 people. Despite its size, Gaston has plenty to offer its residents. Rent for 2 bedroom homes is much lower than the national average at $810. The grocery cost index for Gaston is also lower than the national average at 92 versus 100 in the US. \nLocal businesses include The Country Store and Deli, Besco Motor Sales, and Gaston Feed & Supply Co., all of which are family-owned businesses that have been around for generations. There are also several local restaurants such as Hunter's Pub & Grub and Beasley's Barbecue which offer delicious meals made from locally sourced ingredients. Finally, there are a few parks in the area including Fort Ben Park and Gas City Park that provide outdoor recreational activities like hiking and fishing for residents.
Gaston (zip 47342) has an unemployment rate of 5.0%. The US average is 6.0%.
Gaston (zip 47342) has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Gaston (zip 47342)
- The Sales Tax Rate for Gaston (zip 47342) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Gaston (zip 47342) is 4.3%. The US average is 4.6%.
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Income and Salaries for Gaston (zip 47342)
- The average income of a Gaston (zip 47342) resident is $26,975 a year. The US average is $37,638 a year.
- The Median household income of a Gaston (zip 47342) resident is $53,906 a year. The US average is $69,021 a year.