Zip 41607 (Blue River, KY) Economy


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United States / Kentucky / No Metro Area / Floyd County / Blue River / Blue River (zip 41607)
41607 Blue River, KY is a great place to live with affordable rent rates of $620 for a two-bedroom home. This rate is almost $800 cheaper than the national average for 2 bedroom rent in the United States, which is currently $1,430. In addition to having more affordable rent prices, groceries in 41607 Blue River are also significantly cheaper than in the US overall. The grocery cost index in 41607 Blue River is 94 as opposed to 100 in the US.
The local businesses of 41607 Blue River are diverse and include small restaurants such as Tyree's Barbeque and Wingstop, a variety of clothing stores like Southern Sass Boutique & Gifts and WNKY Boutique, convenience stores like Gas City and more. All these businesses provide convenience for locals while still maintaining affordable prices that fit within their budget.

Blue River (zip 41607) has an unemployment rate of 7.5%. The US average is 6.0%.

Blue River (zip 41607) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 18.6%, which is lower than the US average of 33.5%.

Tax Rates for Blue River (zip 41607)
- The Sales Tax Rate for Blue River (zip 41607) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Blue River (zip 41607) is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Blue River (zip 41607)
- The average income of a Blue River (zip 41607) resident is $16,493 a year. The US average is $28,555 a year.
- The Median household income of a Blue River (zip 41607) resident is $27,083 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBlue River, KentuckyUnited States
  7.56
  -6.8%-6.2%
  18.6%33.5%
  6.0%6.2%
  6.5%4.6%
  $11,303$37,638
  $27,083$69,021
  $26,322$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  80.2%4.2%
  0.0%9.3%
  12.8%14.0%
  0.0%2.1%
  0.0%7.0%
  7.0%4.8%
  0.0%4.7%
Health