Zip 40927 (Closplint, KY) Economy


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United States / Kentucky / No Metro Area / Harlan County / No City / Closplint (zip 40927)
Located in Closplint, KY, 40927 is a great place for someone looking to save money on rent and other living expenses. The average 2 bedroom rent is only $610 compared to the US average of $1,430. Additionally, the Grocery Cost Index in 40927 is 91 versus 100 in the US. This means groceries will be even cheaper than most areas. \nSome local businesses include Koger's Country Store and Marti's Cafe. Koger's Country Store offers fresh meats and produce as well as general items such as sporting goods and farm supplies. Marti's Cafe serves classic American food with generous portions at affordable prices. Both are located right off Martin Grammer Road in Closplint, KY 40927.

Closplint (zip 40927) has an unemployment rate of 9.4%. The US average is 6.0%.

Closplint (zip 40927) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 10.0%, which is lower than the US average of 33.5%.

Tax Rates for Closplint (zip 40927)
- The Sales Tax Rate for Closplint (zip 40927) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Closplint (zip 40927) 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 Closplint (zip 40927)
- The average income of a Closplint (zip 40927) resident is $16,308 a year. The US average is $28,555 a year.
- The Median household income of a Closplint (zip 40927) resident is $55,924 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClosplint, KentuckyUnited States
  9.46
  -5.8%-6.2%
  10.0%33.5%
  6.0%6.2%
  5.0%4.6%
  $52,505$37,638
  $55,924$69,021
  $56,495$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%
  21.4%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  7.5%7.6%
  0.0%0.1%
  0.0%4.2%
  22.9%9.3%
  35.3%14.0%
  0.0%2.1%
  0.0%7.0%
  7.5%4.8%
  5.5%4.7%
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