Zip 42533 (Ferguson, KY) Economy


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Ferguson, KY is a small town located in Owsley County with a population of 42533 people. The 2 bedroom rent in this city is $750 which is lower than the US average of $1,430. The Grocery Cost Index in Ferguson is 93 versus 100 in the US. This means groceries will be cheaper here than they are across the country. Ferguson has many local businesses that help make it a great place to live, including The Country Store which sells apparel and accessories from brands like Carhartt and Wrangler; Big John’s BBQ which serves delicious smoked meats; True Value Hardware where you can find supplies for all your home improvement needs; and Rockcastle Taxidermy which creates unique taxidermy mounts.

Ferguson (zip 42533) has an unemployment rate of 5.5%. The US average is 6.0%.

Ferguson (zip 42533) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.

Tax Rates for Ferguson (zip 42533)
- The Sales Tax Rate for Ferguson (zip 42533) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ferguson (zip 42533) is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Ferguson (zip 42533)
- The average income of a Ferguson (zip 42533) resident is $20,337 a year. The US average is $28,555 a year.
- The Median household income of a Ferguson (zip 42533) resident is $33,594 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFerguson, KentuckyUnited States
  5.56
  -6.1%-6.2%
  24.4%33.5%
  6.0%6.2%
  6.0%4.6%
  $20,676$37,638
  $33,594$69,021
  $34,730$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  2.0%6.8%
  17.4%10.0%
  13.1%2.5%
  9.8%11.0%
  3.9%4.8%
  3.6%0.8%
  1.3%1.9%
  4.9%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.3%4.2%
  12.5%9.3%
  13.4%14.0%
  0.0%2.1%
  5.2%7.0%
  3.6%4.8%
  7.2%4.7%
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