Zip 40205 (Louisville, KY) Economy


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Louisville, KY is a vibrant city with plenty of local businesses, restaurants, and attractions to offer. Located in zip code 40205, Louisville is right around the corner from an array of activities for all types of interests. 2 bedroom rent in this area is $1,140 which is cheaper than the US average of $1,430. Additionally, the Grocery Cost Index here is 102 versus 100 in the US.
Some popular local companies include Brown-Forman Corporation (worldwide manufacturer/marketer of alcoholic beverages) and Kindred Healthcare (healthcare services provider). Popular restaurants include Jack Fry’s (American bistro), Milkwood (modern Southern cuisine), and Highlands Taproom (bourbon bar). Attractions worth visiting include The Speed Art Museum (art museum), Fourth Street Live! (entertainment hub), and Cave Hill Cemetery & Arboretum (historic cemetery).

Louisville (zip 40205) has an unemployment rate of 5.0%. The US average is 6.0%.

Louisville (zip 40205) 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 40205)
- The Sales Tax Rate for Louisville (zip 40205) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Louisville (zip 40205) 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 40205)
- The average income of a Louisville (zip 40205) resident is $50,445 a year. The US average is $37,638 a year.
- The Median household income of a Louisville (zip 40205) resident is $88,033 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%
Reviews for Louisville
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Over 14 years ago

A friendly neighborhood with tree-lined sidewalks and diverse houses where families walk & socialize, yet there are near-by businesses, churches, schools &  More

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