42344 Graham, KY is a small town located in Whitley County. It is primarily a residential area with a population of less than 1,000 people. The 2 bedroom rent there is significantly lower than the US average at just $650 per month. This makes it an affordable place to live and quite attractive to those seeking a more rural lifestyle. In terms of groceries, this area has a grocery cost index rating of 90 compared to the US average of 100 – meaning it is even more affordable to purchase necessary items here than in most other places.
Residents of 42344 Graham can find many local businesses providing goods and services such as Walker & Sons Grocery Store and Pizza Place, G&T Home Repair, Taylor Tree Service and Wayne's Country Store. Many locals enjoy shopping at these establishments as they offer much needed products at competitive prices and great customer service. All in all, the cost of living in 42344 Graham KY is extremely low, making it an ideal location for those looking for cheap but comfortable accommodations.
Graham (zip 42344) has an unemployment rate of 6.9%. The US average is 6.0%.
Graham (zip 42344) has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Graham (zip 42344)
- The Sales Tax Rate for Graham (zip 42344) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Graham (zip 42344) 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 Graham (zip 42344)
- The average income of a Graham (zip 42344) resident is $13,393 a year. The US average is $28,555 a year.
- The Median household income of a Graham (zip 42344) resident is $39,688 a year. The US average is $69,021 a year.