Zip 42122 (Alvaton, KY) Economy


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Alvaton, KY is a great place to live with an affordable cost of living. The 2 bedroom rent in Alvaton is $940 compared to the US average of $1,430. The Grocery Cost Index in Alvaton is the same as the US average at 100. There are several local companies that call Alvaton home, such as Ingersoll Rand Security Technologies and Schwan's Home Service. Ingersoll Rand specializes in providing security solutions and Schwan's Home Service is a frozen food delivery service.

Alvaton (zip 42122) has an unemployment rate of 4.7%. The US average is 6.0%.

Alvaton (zip 42122) has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 46.4%, which is higher than the US average of 33.5%.

Tax Rates for Alvaton (zip 42122)
- The Sales Tax Rate for Alvaton (zip 42122) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Alvaton (zip 42122) is 9.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Alvaton (zip 42122)
- The average income of a Alvaton (zip 42122) resident is $29,141 a year. The US average is $28,555 a year.
- The Median household income of a Alvaton (zip 42122) resident is $85,441 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlvaton, KentuckyUnited States
  4.76
  -6.6%-6.2%
  46.4%33.5%
  6.0%6.2%
  8.4%4.6%
  $43,457$37,638
  $85,441$69,021
  $90,347$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  4.3%6.8%
  18.6%10.0%
  4.5%2.5%
  11.5%11.0%
  3.4%4.8%
  1.8%0.8%
  0.5%1.9%
  0.4%4.7%
  1.1%1.9%
  5.4%7.6%
  0.0%0.1%
  2.8%4.2%
  11.8%9.3%
  18.5%14.0%
  0.9%2.1%
  4.7%7.0%
  8.2%4.8%
  1.1%4.7%
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