41630 Garrett, KY is a small city in Floyd County with an estimated population of 753 people as of 2019. The average 2 Bedroom Rent in 41630 Garrett is $620 per month, which reflects a significant savings compared to the national average 2 Bedroom Rent of $1,430. Similarly, the Grocery Cost Index in 41630 Garrett is 97 versus 100 nationally. There are many local companies in this area with reasonable prices on products and services. For instance, Big Lots offers discount furniture while Wal-Mart sells groceries at lower costs than other stores in the area. Additionally, Citizens Bank has competitive rates for loans and other financial services. Finally, Jack’s Carpet Cleaning provides expert carpet cleaning services at an affordable price.
Garrett (zip 41630) has an unemployment rate of 7.5%. The US average is 6.0%.
Garrett (zip 41630) 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 18.6%, which is lower than the US average of 33.5%.
Tax Rates for Garrett (zip 41630)
- The Sales Tax Rate for Garrett (zip 41630) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Garrett (zip 41630) 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 Garrett (zip 41630)
- The average income of a Garrett (zip 41630) resident is $15,288 a year. The US average is $28,555 a year.
- The Median household income of a Garrett (zip 41630) resident is $27,196 a year. The US average is $69,021 a year.