Zip 42154 (Knob Lick, KY) Economy


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United States / Kentucky / Glasgow Metro Area / Metcalfe County / No City / Knob Lick (zip 42154)
42154 Knob Lick, KY is a small city located in the state of Kentucky. The median rent for a two-bedroom apartment in Knob Lick is $830, which is significantly lower than the US median rent of $1,430.The local cost of groceries in Knob Lick is also much lower than the national average at 94 compared to 100. There are several businesses that operate in Knob Lick including Clark’s Market Center, Molly’s Hair and Beauty Salon, and Guilliams Auto Repair. All of these businesses help provide goods and services to the local community.

Knob Lick (zip 42154) has an unemployment rate of 5.5%. The US average is 6.0%.

Knob Lick (zip 42154) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.

Tax Rates for Knob Lick (zip 42154)
- The Sales Tax Rate for Knob Lick (zip 42154) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Knob Lick (zip 42154) 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 Knob Lick (zip 42154)
- The average income of a Knob Lick (zip 42154) resident is $16,262 a year. The US average is $28,555 a year.
- The Median household income of a Knob Lick (zip 42154) resident is $43,041 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKnob Lick, KentuckyUnited States
  5.56
  -5.6%-6.2%
  35.6%33.5%
  6.0%6.2%
  5.0%4.6%
  $20,022$37,638
  $43,041$69,021
  $43,470$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.0%6.8%
  36.5%10.0%
  0.0%2.5%
  15.6%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  3.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  7.8%9.3%
  10.8%14.0%
  0.0%2.1%
  19.8%7.0%
  0.0%4.8%
  3.6%4.7%
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