Zip 40203 (Louisville, KY) Economy


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40203 Louisville, KY is an affordable location for anyone looking to move. The 2 bedroom rent in this neighborhood is $900 per month, which is significantly less than the US average of $1,430. Grocery costs are also low in 40203 Louisville, KY with a grocery cost index of 93 compared to the US average of 100. This makes it an excellent option for individuals and families interested in budgeting. There are many local companies and establishments that make 40203 Louisville, KY a great place to live. For those who love shopping, Mall St Matthews offers retail stores such as Macy’s and JCPenney. For outdoor activities, Cherokee Park provides trails for hiking, biking, and horse-riding. Additionally, there are several nearby restaurants such as Jeff Ruby’s Steakhouse and Z’s Oyster Bar and Steakhouse for those seeking a delicious meal. With its great location and reasonable prices, 40203 Louisville is a perfect place to call home.

Louisville (zip 40203) has an unemployment rate of 5.0%. The US average is 6.0%.

Louisville (zip 40203) 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 40203)
- The Sales Tax Rate for Louisville (zip 40203) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Louisville (zip 40203) 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 40203)
- The average income of a Louisville (zip 40203) resident is $23,226 a year. The US average is $37,638 a year.
- The Median household income of a Louisville (zip 40203) resident is $26,968 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLouisville, KentuckyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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