Zip 40215 (Louisville, KY) Economy


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The rental market in Louisville, KY ZIP code 40215 is a great deal for those who are looking for affordable housing. The average two bedroom rent in this area is $970, which is far lower than the national average of $1,430. Similarly, grocery costs in the area are 91 on the Cost Index versus 100 in the US overall. Local businesses such as ValuMarket and Kroger provide residents with several options for groceries and other necessary items at competitive prices. Louisville’s affordable housing market and low cost of living make it an attractive option for those on a budget or anyone looking to save money.

Louisville (zip 40215) has an unemployment rate of 5.0%. The US average is 6.0%.

Louisville (zip 40215) 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 40215)
- The Sales Tax Rate for Louisville (zip 40215) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Louisville (zip 40215) is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Louisville (zip 40215)
- The average income of a Louisville (zip 40215) resident is $19,045 a year. The US average is $37,638 a year.
- The Median household income of a Louisville (zip 40215) resident is $37,535 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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