In Louisville, Kentucky (zip code 40229), the average rent for a 2 bedroom is $1,210 which is significantly lower than the national average of $1,430. Grocery costs in this area are also more affordable with an index score of 95 compared to 100 nationally. Some well-known local companies in the area include Brown-Forman Corporation, UPS, Papa John's International, and Yum! Brands. There are many resources available in Louisville such as the Louisville Free Public Library, The Healing Place of Louisville, and Churchill Downs. Additionally, there are a variety of parks and outdoor recreation areas including Cherokee Park, Iroquois Park, and Bernheim Arboretum & Research Forest.
Louisville (zip 40229) has an unemployment rate of 5.0%. The US average is 6.0%.
Louisville (zip 40229) 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 40229)
- The Sales Tax Rate for Louisville (zip 40229) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Louisville (zip 40229) 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 40229)
- The average income of a Louisville (zip 40229) resident is $22,625 a year. The US average is $28,555 a year.
- The Median household income of a Louisville (zip 40229) resident is $68,309 a year. The US average is $69,021 a year.