Pippa Passes, KY Economy


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United States / Kentucky / No Metro Area / Knott County / Pippa Passes / Zip Codes
Pippa Passes, KY is a small rural town located in Kentucky. It is known for its affordable cost of living as evidenced by the fact that 2 bedroom rent prices are approximately $660 compared to the US average of $1,430. Additionally, the grocery cost index in Pippa Passes is 90 compared to 100 in the US. This allows for residents to save money on their groceries each month. There are a variety of local businesses in Pippa Passes such as Wells Insurance Agency, Pippa Passes Convenience Store, and Red Bird Pizza & Subs. The friendly atmosphere and low cost of living make Pippa Passes an ideal place to call home. References: https://www.rentcafe.com/average-rent-market-trends/us/ky/pippa-passes/, https://www.numbeo.com/cost-of-living/in/Pippa-Passes

Pippa Passes has an unemployment rate of 7.5%. The US average is 6.0%.

Pippa Passes has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 11.0%, which is lower than the US average of 33.5%.

Tax Rates for Pippa Passes
- The Sales Tax Rate for Pippa Passes is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pippa Passes is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Pippa Passes
- The average income of a Pippa Passes resident is $12,216 a year. The US average is $37,638 a year.
- The Median household income of a Pippa Passes resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPippa Passes, KentuckyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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