Zip 40402 (Annville, KY) Economy


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United States / Kentucky / No Metro Area / Jackson County / Annville / Annville (zip 40402)
Annville, KY is a charming small town located in the heart of Kentucky. With a population of just over 2,000 people, it's a great place to live and work. The average cost of rent for two bedrooms in Annville is $750 which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Annville is 92 versus 100 in the US making essentials more affordable. Local businesses include Floyd's Supermarket, First Federal Bank of Kentucky, and D&D Tax Service among many more. Residents enjoy shopping at these local stores and take comfort knowing that their hard-earned money goes toward supporting their fellow community members.

Annville (zip 40402) has an unemployment rate of 6.8%. The US average is 6.0%.

Annville (zip 40402) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.

Tax Rates for Annville (zip 40402)
- The Sales Tax Rate for Annville (zip 40402) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Annville (zip 40402) is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Annville (zip 40402)
- The average income of a Annville (zip 40402) resident is $19,131 a year. The US average is $28,555 a year.
- The Median household income of a Annville (zip 40402) resident is $43,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAnnville, KentuckyUnited States
  6.86
  -4.4%-6.2%
  17.5%33.5%
  6.0%6.2%
  6.0%4.6%
  $20,327$37,638
  $43,750$69,021
  $51,786$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  17.8%6.8%
  26.4%10.0%
  4.2%2.5%
  5.9%11.0%
  10.5%4.8%
  1.5%0.8%
  7.2%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  5.6%4.2%
  3.3%9.3%
  8.1%14.0%
  0.0%2.1%
  0.0%7.0%
  7.4%4.8%
  2.1%4.7%
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