Zip 40206 (Louisville, KY) Economy


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The city of 40206 Louisville, KY is a great place to live with an affordable cost of living. The average 2 Bedroom Rent in this area is $1,120 per month, which is much lower than the US average of $1,430. Similarly, the Grocery Cost Index is 99 versus 100 in the US, signaling that groceries cost slightly less than the national average. There are many local companies in 40206 Louisville that offer great salary options and employment opportunities. Major employers include KentuckyOne Health, Humana, Norton Healthcare and UPS. With a lower cost of living than the rest of the country and plenty of jobs available from respected employers, 40206 Louisville is a fantastic place to call home.

Louisville (zip 40206) has an unemployment rate of 5.0%. The US average is 6.0%.

Louisville (zip 40206) has seen the job market increase by 1.5% 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 40206)
- The Sales Tax Rate for Louisville (zip 40206) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Louisville (zip 40206) 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 40206)
- The average income of a Louisville (zip 40206) resident is $33,709 a year. The US average is $28,555 a year.
- The Median household income of a Louisville (zip 40206) resident is $62,915 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLouisville, KentuckyUnited States
  56
  -5.3%-6.2%
  38.3%33.5%
  6.0%6.2%
  5.0%4.6%
  $46,397$37,638
  $62,915$69,021
  $88,425$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  3.4%6.8%
  10.4%10.0%
  2.2%2.5%
  11.4%11.0%
  4.3%4.8%
  0.3%0.8%
  1.6%1.9%
  5.7%4.7%
  2.2%1.9%
  8.4%7.6%
  0.4%0.1%
  4.1%4.2%
  12.1%9.3%
  15.9%14.0%
  2.6%2.1%
  8.2%7.0%
  3.8%4.8%
  2.9%4.7%
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