Zip 42754 (Leitchfield, KY) Economy


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United States / Kentucky / No Metro Area / Grayson County / Leitchfield / Leitchfield (zip 42754)
Leitchfield, Kentucky is a small rural town located in the American South. With a population of 4,275, Leitchfield is an ideal place to live if you are looking for affordability. The average 2 bedroom rent in Leitchfield is $710 per month, which is significantly lower than the US average of $1,430 per month. The Grocery Cost Index in Leitchfield is 94, versus 100 in the US; this means groceries may cost slightly less than they would in other parts of the country.
Leitchfield has many local businesses that provide amenities and services to its citizens. There's a variety of grocery stores like Ratterman's IGA and Smart Mart Foods which provide affordable food for residents. For entertainment there's the Jesse Stuart Outdoor Theater and Bowling Green Ballpark which offer unique experiences for locals. Other businesses such as Baldauf Dental Care provide necessary healthcare services to the community. Leitchfield has plenty of local companies that help make living more enjoyable and convenient for its inhabitants.

Leitchfield (zip 42754) has an unemployment rate of 6.0%. The US average is 6.0%.

Leitchfield (zip 42754) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 35.2%, which is higher than the US average of 33.5%.

Tax Rates for Leitchfield (zip 42754)
- The Sales Tax Rate for Leitchfield (zip 42754) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Leitchfield (zip 42754) is 7.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Leitchfield (zip 42754)
- The average income of a Leitchfield (zip 42754) resident is $19,437 a year. The US average is $28,555 a year.
- The Median household income of a Leitchfield (zip 42754) resident is $40,013 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLeitchfield, KentuckyUnited States
  66
  -5.7%-6.2%
  35.2%33.5%
  6.0%6.2%
  6.7%4.6%
  $22,569$37,638
  $40,013$69,021
  $50,445$85,028
  Population by Occupation
  2.1%1.2%
  1.4%0.5%
  8.5%6.8%
  22.8%10.0%
  1.2%2.5%
  8.9%11.0%
  3.9%4.8%
  1.9%0.8%
  0.6%1.9%
  1.8%4.7%
  0.6%1.9%
  1.8%7.6%
  0.0%0.1%
  0.6%4.2%
  10.0%9.3%
  16.9%14.0%
  0.0%2.1%
  8.8%7.0%
  3.0%4.8%
  5.1%4.7%
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