Zip 42045 (Grand Rivers, KY) Economy


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42045 Grand Rivers, KY is a charming town nestled in the West Kentucky area that offers a wide variety of attractions and amenities for visitors and residents. There are some great local companies like Hickory Hills Marina & Resort, Kenlake State Park Marina, Calvert City Liquor Store, and Grand Rivers Grocery that offer goods and services to the community. The two bedroom rental rate in 42045 Grand Rivers, KY is much more affordable than the national average at $730 versus $1,430. Additionally, the grocery cost index in 42045 Grand Rivers, KY is 91 compared to 100 in the US. There are plenty of activities to explore within this small town such as fishing on beautiful Lake Barkley or taking a stroll along the trails of Fort Henry Road; all within proximity to shops, restaurants and other amenities.

Grand Rivers (zip 42045) has an unemployment rate of 7.1%. The US average is 6.0%.

Grand Rivers (zip 42045) has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.

Tax Rates for Grand Rivers (zip 42045)
- The Sales Tax Rate for Grand Rivers (zip 42045) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Grand Rivers (zip 42045) 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 Grand Rivers (zip 42045)
- The average income of a Grand Rivers (zip 42045) resident is $27,927 a year. The US average is $37,638 a year.
- The Median household income of a Grand Rivers (zip 42045) resident is $52,885 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrand Rivers, 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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