40515 Lexington-Fayette, KY is a great area to live in because of its affordability and convenience. The 2 bedroom rent in the area is $1,230 which is significantly lower than the US average of $1,430. This gives people living here more financial security and stability. Additionally, the grocery cost index in 40515 Lexington-Fayette, KY is 100 versus the US average of 100 which allows people to save money while still having access to fresh produce, meat, and other groceries.
40515 Lexington-Fayette, KY has many local companies and attractions that are sure to make residents happy. Notable companies include Lexmark International, Forcht Group of Kentucky and Tempur Sealy International. Furthermore, the area has excellent attractions such as Horse Park of Kentucky, Raven Run Nature Sanctuary and Jacobson Park which are perfect for outdoor activities or relaxing walks. All in all this makes for an ideal location for anyone looking for a low cost place with plenty of amenities and things to do just around the corner.
Lexington-Fayette (zip 40515) has an unemployment rate of 4.3%. The US average is 6.0%.
Lexington-Fayette (zip 40515) has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 37.8%, which is higher than the US average of 33.5%.
Tax Rates for Lexington-Fayette (zip 40515)
- The Sales Tax Rate for Lexington-Fayette (zip 40515) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lexington-Fayette (zip 40515) is 8.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lexington-Fayette (zip 40515)
- The average income of a Lexington-Fayette (zip 40515) resident is $44,079 a year. The US average is $37,638 a year.
- The Median household income of a Lexington-Fayette (zip 40515) resident is $79,401 a year. The US average is $69,021 a year.