Zip 40819 (Coldiron, KY) Economy


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United States / Kentucky / No Metro Area / Harlan County / Coldiron / Coldiron (zip 40819)
Coldiron, KY is a small town located in Harlan County, with a population of about 40819. It is known for its beautiful scenery and affordable living, which is great for families who want to save some money. The rent for two-bedrooms here is much lower than the national average, at $670 compared to $1,430. Grocery costs are also below national averages with an index of 93 versus 100 in the US. There are several local companies that add to the economy of Coldiron such as Black Gold Coal Mining Company, Harlan County Public Schools, Appalshop Documentary Arts & Culture Center and Robert's Store & Furniture Center. The town provides a unique combination of scenic beauty and economic opportunities that make it an attractive place to live.

Coldiron (zip 40819) has an unemployment rate of 9.4%. The US average is 6.0%.

Coldiron (zip 40819) 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 Coldiron (zip 40819)
- The Sales Tax Rate for Coldiron (zip 40819) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Coldiron (zip 40819) 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 Coldiron (zip 40819)
- The average income of a Coldiron (zip 40819) resident is $24,720 a year. The US average is $28,555 a year.
- The Median household income of a Coldiron (zip 40819) resident is $26,610 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColdiron, KentuckyUnited States
  9.46
  -5.8%-6.2%
  10.0%33.5%
  6.0%6.2%
  5.0%4.6%
  $17,098$37,638
  $26,610$69,021
  $27,273$85,028
  Population by Occupation
  0.0%1.2%
  4.4%0.5%
  22.9%6.8%
  0.0%10.0%
  0.0%2.5%
  36.6%11.0%
  0.0%4.8%
  3.5%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  15.4%9.3%
  10.1%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  7.0%4.7%
Health