Zip 42053 (Kevil, KY) Economy


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Kevil, Kentucky (42053) is a small rural town located in the western part of the state. It has a population of around 900 people and offers affordable living with 2 bedroom rent averaging $880 compared to the US average of $1,430. The grocery cost index is also significantly lower than in the US at 91 compared to 100.
For those looking for employment opportunities or wanting to start their own business, Kevil offers many resources. Local companies include Pathway Health Solutions, Murray State University Agricultural Extension Office and E-One Manufacturing. In terms of activities to do in Kevil, there are plenty of outdoor options such as fishing, hunting and camping due to its close proximity to Kentucky Lake. There are also museums nearby like the Discovery Park of America and Land Between the Lakes National Recreation Area that offer educational opportunities.

Kevil (zip 42053) has an unemployment rate of 5.8%. The US average is 6.0%.

Kevil (zip 42053) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.

Tax Rates for Kevil (zip 42053)
- The Sales Tax Rate for Kevil (zip 42053) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kevil (zip 42053) 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 Kevil (zip 42053)
- The average income of a Kevil (zip 42053) resident is $25,580 a year. The US average is $28,555 a year.
- The Median household income of a Kevil (zip 42053) resident is $53,246 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKevil, KentuckyUnited States
  5.86
  -5.1%-6.2%
  26.7%33.5%
  6.0%6.2%
  6.0%4.6%
  $28,760$37,638
  $53,246$69,021
  $65,686$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  5.8%6.8%
  7.7%10.0%
  3.0%2.5%
  17.7%11.0%
  7.6%4.8%
  2.8%0.8%
  0.4%1.9%
  3.0%4.7%
  2.2%1.9%
  2.2%7.6%
  0.0%0.1%
  6.5%4.2%
  8.8%9.3%
  13.6%14.0%
  0.5%2.1%
  6.1%7.0%
  4.6%4.8%
  6.2%4.7%
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