Louisville, KY 40223 is a vibrant city filled with local businesses, culture, and entertainment. With a population of 619,893 in 2019, it's the largest city in Kentucky and the 30th most populous city in the United States. The average two-bedroom rent rate in Louisville is $1,350 which is slightly lower than the US average of $1,430. The grocery cost index for this area is 101 versus 100 for US averages making it a great place to live with reasonable prices for groceries. Local businesses such as Brown-Forman Corporation, Yum! Brands Inc., UPS Airlines, Humana Inc., Long John Silvers and Texas Roadhouse are just some of the well-known companies that employ many local residents.
Louisville (zip 40223) has an unemployment rate of 5.0%. The US average is 6.0%.
Louisville (zip 40223) 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 40223)
- The Sales Tax Rate for Louisville (zip 40223) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Louisville (zip 40223) 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 40223)
- The average income of a Louisville (zip 40223) resident is $53,183 a year. The US average is $37,638 a year.
- The Median household income of a Louisville (zip 40223) resident is $91,647 a year. The US average is $69,021 a year.