42254 LaFayette, KY is a great place to live as the 2 bedroom rent is $840, which is significantly lower than the US average of $1,430. This makes it an attractive option for those looking for affordable housing. The Grocery Cost Index in 42254 LaFayette, KY is 92 versus 100 in the US. This allows residents to purchase groceries at less expensive prices than most places. There are numerous local companies that provide affordable housing in this area such as Bluegrass Homes, Holman Realty Group and Tra-Mar Real Estate. These companies offer a variety of options such as single family homes and apartments that can fit within any budget. With so many options available, residents can find an affordable home quickly and easily.
LaFayette (zip 42254) has an unemployment rate of 5.6%. The US average is 6.0%.
LaFayette (zip 42254) has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for LaFayette (zip 42254)
- The Sales Tax Rate for LaFayette (zip 42254) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for LaFayette (zip 42254) 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 LaFayette (zip 42254)
- The average income of a LaFayette (zip 42254) resident is $28,275 a year. The US average is $37,638 a year.
- The Median household income of a LaFayette (zip 42254) resident is $0 a year. The US average is $69,021 a year.