40847 Kenvir, KY is an affordable place to live with rent for a two bedroom costing just $610 according to recent reports. This is substantially less than the US average of $1,430 for the same size apartment. Groceries in the area are also quite inexpensive as the grocery cost index in this region is 90 as opposed to 100 in other areas. Residents of Kenvir can take advantage of local companies like L&N Grocery where they can purchase food at discounted prices or Farmer's Market which stocks local produce and goods at competitive rates. Additionally, residents of Kenvir have access to cheaper everyday household items from stores such as Big Lots and Dollar General where they are typically offered at a lower price than national chain stores.
Kenvir (zip 40847) has an unemployment rate of 9.4%. The US average is 6.0%.
Kenvir (zip 40847) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 10.0%, which is lower than the US average of 33.5%.
Tax Rates for Kenvir (zip 40847)
- The Sales Tax Rate for Kenvir (zip 40847) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kenvir (zip 40847) 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 Kenvir (zip 40847)
- The average income of a Kenvir (zip 40847) resident is $20,118 a year. The US average is $37,638 a year.
- The Median household income of a Kenvir (zip 40847) resident is $0 a year. The US average is $69,021 a year.