Zip 41046 (Glencoe, KY) Economy


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41046 Glencoe, KY is a small rural town located in northern Kentucky. This town has been steadily growing over the past few years, offering potential residents an affordable cost of living that is much lower than other nearby towns and cities. The average 2 bedroom rent in 41046 Glencoe, KY is $870, which is significantly lower than the US average of $1,430. Similarly, the grocery cost index in this area is 95 compared to the US average of 100.
The small rural town offers many local businesses for its residents. These include local restaurants such as Wagon Wheel Restaurant & Lounge and shopping centers like Hillside Shopping Center. There are also several educational facilities such as Taylor Mill Elementary School and Silver Grove High School in the area. With a wide range of business options available to locals, 41046 Glencoe offers an excellent quality of life with a low cost of living.

Glencoe (zip 41046) has an unemployment rate of 4.8%. The US average is 6.0%.

Glencoe (zip 41046) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 35.7%, which is higher than the US average of 33.5%.

Tax Rates for Glencoe (zip 41046)
- The Sales Tax Rate for Glencoe (zip 41046) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Glencoe (zip 41046) 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 Glencoe (zip 41046)
- The average income of a Glencoe (zip 41046) resident is $20,228 a year. The US average is $37,638 a year.
- The Median household income of a Glencoe (zip 41046) resident is $68,953 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGlencoe, 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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