Eolia, Kentucky is a small rural city located in the Appalachian Mountains with an estimated population of 40826 people. The average two-bedroom rent in Eolia is much lower than the national average, at $660 compared to $1,430 across the United States. On top of that, grocery cost index in Eolia is 93 versus 100 nationwide, making it a great option for those who are looking for more affordable living options.
Eolia offers plenty of small businesses that contribute to its economy, including The Sweet Spot Bakery and Cafe, Pigeon Gap Barbershop, Nanny's Corner Market & Deli and Aaron's Automotive Repair. All of these businesses serve as cornerstones for Eolia's community and provide locals with necessary services on a daily basis.
Overall, when comparing national averages with what is available in Eolia regarding rent prices and grocery costs, living here would be more economical than most other places across the country. Residents of Eolia can have access to great services while still enjoying lower prices than what they would typically find elsewhere.
Eolia (zip 40826) has an unemployment rate of 7.8%. The US average is 6.0%.
Eolia (zip 40826) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 17.6%, which is lower than the US average of 33.5%.
Tax Rates for Eolia (zip 40826)
- The Sales Tax Rate for Eolia (zip 40826) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Eolia (zip 40826) 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 Eolia (zip 40826)
- The average income of a Eolia (zip 40826) resident is $15,177 a year. The US average is $28,555 a year.
- The Median household income of a Eolia (zip 40826) resident is $20,761 a year. The US average is $69,021 a year.