Zip 41527 (Forest Hills, KY) Economy


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United States / Kentucky / No Metro Area / Pike County / No City / Forest Hills (zip 41527)
41527 Forest Hills, KY is a great place to live with plenty of job opportunities. The average 2 bedroom rent in this area is $790 compared to the US average of $1,430, making it an affordable place to call home. Additionally, the local grocery cost index is 102 versus 100 in the US, a sign that food costs are slightly more expensive than elsewhere in the country.
The area features many local companies like Taylor & Associates LLP and A-1 Excavating offering employment options for many residents. Taylor & Associates LLP provides accounting services as well as advice on estate planning. A-1 Excavating works with land owners in the area to construct roads, build homes and take care of other construction needs. In addition to these companies, there are also several restaurants in town that provide waitstaff and kitchen staff positions for those looking for work.

Forest Hills (zip 41527) has an unemployment rate of 7.0%. The US average is 6.0%.

Forest Hills (zip 41527) has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.

Tax Rates for Forest Hills (zip 41527)
- The Sales Tax Rate for Forest Hills (zip 41527) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Forest Hills (zip 41527) 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 Forest Hills (zip 41527)
- The average income of a Forest Hills (zip 41527) resident is $25,910 a year. The US average is $37,638 a year.
- The Median household income of a Forest Hills (zip 41527) resident is $46,705 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyForest Hills, 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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