Dema, Kentucky (41859) is a small town located in the eastern portion of Knott County. The city has an approximate population of 400 people and is known for its nearby tranquil lakes and stunning mountain views. It is also home to a few small businesses such as Dema Market, which offers fresh produce and other grocery items. Dema's Bar-B-Que serves up delicious down-home barbecue at reasonable prices. The area is also known for its fresh water fishing spots and hiking trails that lead through the beautiful Appalachian Mountains. The average 2 bedroom rent in Dema is $660, which is significantly lower than the US average of $1,430. Furthermore, local groceries cost 92 points on the Grocery Cost Index while they cost 100 points on average in the rest of the country. All these factors combine to make Dema a unique place to live with plenty of affordable options for both work and play.
Dema (zip 41859) has an unemployment rate of 7.5%. The US average is 6.0%.
Dema (zip 41859) 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 11.0%, which is lower than the US average of 33.5%.
Tax Rates for Dema (zip 41859)
- The Sales Tax Rate for Dema (zip 41859) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Dema (zip 41859) 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 Dema (zip 41859)
- The average income of a Dema (zip 41859) resident is $17,266 a year. The US average is $28,555 a year.
- The Median household income of a Dema (zip 41859) resident is $29,583 a year. The US average is $69,021 a year.