42516 Bethelridge, KY offers affordable 2 Bedroom rent for $720 per month which is nearly half of the national average at $1,430 per month. The local grocery cost index is 89 compared to 100 in the US, offering residents an even bigger savings when it comes to daily necessities. Bethelridge is home to several local businesses such as Dairy Queen, Bethelridge Inn & Sportsman’s Bar, and Southern Kentucky Concrete Co. With its low housing costs and overall affordable living expenses, Bethelridge is an ideal place for families looking for a more budget-friendly area in which to live.
Bethelridge (zip 42516) has an unemployment rate of 4.6%. The US average is 6.0%.
Bethelridge (zip 42516) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.
Tax Rates for Bethelridge (zip 42516)
- The Sales Tax Rate for Bethelridge (zip 42516) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bethelridge (zip 42516) 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 Bethelridge (zip 42516)
- The average income of a Bethelridge (zip 42516) resident is $13,432 a year. The US average is $28,555 a year.
- The Median household income of a Bethelridge (zip 42516) resident is $35,933 a year. The US average is $69,021 a year.