Hampton, Kentucky with a population of 42047 is a great place to live and work. The average two bedroom apartment rent is $750, significantly lower than the US national average of $1,430. Additionally the Grocery Cost Index (GCI) in Hampton is 94 versus the US rate of 100 which means groceries are 6% cheaper than in other parts of the country. Businesses in Hampton are thriving and there are several local companies such as Kevin's Landscaping & Garden Center, K&K Automotive Repair & Parts, and Henson Property Developments for those looking to start or grow their business.
Hampton (zip 42047) has an unemployment rate of 7.1%. The US average is 6.0%.
Hampton (zip 42047) 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 Hampton (zip 42047)
- The Sales Tax Rate for Hampton (zip 42047) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hampton (zip 42047) 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 Hampton (zip 42047)
- The average income of a Hampton (zip 42047) resident is $9,397 a year. The US average is $37,638 a year.
- The Median household income of a Hampton (zip 42047) resident is $0 a year. The US average is $69,021 a year.