Zip 40935 (Flat Lick, KY) Economy


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40935 Flat Lick, KY is a great place for those looking for affordable living. The 2 bedroom rent in the area is only $660 per month compared to the US average of $1,430. Moreover, grocery cost index in 40935 Flat Lick, KY is 92 which is much lower than the cost index of 100 in the US. Some local companies include Irvin’s Grocery & Market (IG&M), Russ’s Market, and Cornett’s Store. Estimated total cost for living in 40935 Flat Lick, KY is around $2,000/month including rent, groceries and utilities.

Flat Lick (zip 40935) has an unemployment rate of 6.8%. The US average is 6.0%.

Flat Lick (zip 40935) has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.

Tax Rates for Flat Lick (zip 40935)
- The Sales Tax Rate for Flat Lick (zip 40935) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Flat Lick (zip 40935) 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 Flat Lick (zip 40935)
- The average income of a Flat Lick (zip 40935) resident is $8,738 a year. The US average is $37,638 a year.
- The Median household income of a Flat Lick (zip 40935) resident is $19,274 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFlat Lick, KentuckyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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