Louisville, KY is a great place to call home for those looking for affordable rent. The 2 bedroom rent in the 40202 zip code of Louisville is $1,040, which is significantly cheaper than the US average of $1,430. Grocery costs are also quite reasonable in this area, with the grocery cost index at 101 versus 100 in the US.
Residents of 40202 Louisville have plenty of nearby shopping centers and companies to enjoy as well. These include Fourth Street Live!, Oxmoor Center Mall, Big Lots, Gander Outdoors, and Target. Each of these locations offer great deals on appliances, furniture, clothing, home goods and more. The city also has several locally-owned businesses such as Old Town Liquors & Deli Shop and Scooter’s Coffee that are great places to visit for a bite to eat or purchase unique items from local vendors.
Louisville (zip 40202) has an unemployment rate of 5.0%. The US average is 6.0%.
Louisville (zip 40202) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 38.3%, which is higher than the US average of 33.5%.
Tax Rates for Louisville (zip 40202)
- The Sales Tax Rate for Louisville (zip 40202) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Louisville (zip 40202) 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 Louisville (zip 40202)
- The average income of a Louisville (zip 40202) resident is $22,655 a year. The US average is $37,638 a year.
- The Median household income of a Louisville (zip 40202) resident is $20,755 a year. The US average is $69,021 a year.