The 2 bedroom rent in Louisville, KY 40220 is $1,060 per month, which is lower than the US average of $1,430. The Grocery Cost Index in Louisville is 98 compared to the national average of 100. This indicates that it may be more affordable to live in Louisville than other parts of the country.
Louisville has a thriving local economy with several large employers such as Humana Inc., Kentuckyone Health, Ford Motor Company, GE Appliances and Brown-Forman Corporation. Additionally there are many smaller businesses and startups that contribute to the economic success of the city.
Louisville (zip 40220) has an unemployment rate of 5.0%. The US average is 6.0%.
Louisville (zip 40220) 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 40220)
- The Sales Tax Rate for Louisville (zip 40220) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Louisville (zip 40220) is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Louisville (zip 40220)
- The average income of a Louisville (zip 40220) resident is $37,645 a year. The US average is $37,638 a year.
- The Median household income of a Louisville (zip 40220) resident is $68,598 a year. The US average is $69,021 a year.