Zip 42366 (Philpot, KY) Economy


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Philpot, KY 42366 is a small town located in Ohio County in the western part of the state. The population of this area is estimated to be around 1,800 people and includes a mix of residential and commercial buildings. The average two-bedroom rent here is $930, which is quite a bit lower than the national average of $1,430. Additionally, the grocery cost index for Philpot is 93 versus 100 for the US as a whole.
This small town has plenty to offer both residents and visitors alike. The local businesses include Middletown Feed & Supply Inc., Ohio Valley Animal Hospital, BTS Tire & Auto Repair, and Affordable Appliance Service LLC that can cover all your essential needs. In addition to these shops, Philpot also hosts a variety of restaurants such as Country Cafe Restaurant and Los Primos Mexican Restaurant where you can enjoy delicious meals with friends or family.

Philpot (zip 42366) has an unemployment rate of 5.0%. The US average is 6.0%.

Philpot (zip 42366) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.

Tax Rates for Philpot (zip 42366)
- The Sales Tax Rate for Philpot (zip 42366) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Philpot (zip 42366) is 6.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Philpot (zip 42366)
- The average income of a Philpot (zip 42366) resident is $27,453 a year. The US average is $28,555 a year.
- The Median household income of a Philpot (zip 42366) resident is $83,264 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPhilpot, KentuckyUnited States
  56
  -5.6%-6.2%
  37.5%33.5%
  6.0%6.2%
  5.4%4.6%
  $36,536$37,638
  $83,264$69,021
  $92,361$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  8.7%6.8%
  23.6%10.0%
  3.1%2.5%
  9.3%11.0%
  6.2%4.8%
  2.7%0.8%
  0.4%1.9%
  7.0%4.7%
  0.4%1.9%
  2.2%7.6%
  0.0%0.1%
  2.6%4.2%
  9.0%9.3%
  15.4%14.0%
  0.2%2.1%
  2.3%7.0%
  2.6%4.8%
  3.6%4.7%
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