Louisville, KY with a population of 40291 is an affordable and vibrant city with many local businesses. The median 2 bedroom rent here is $1,140 as compared to the US median of $1,430. Additionally, the Grocery Cost Index for Louisville is 98 compared to 100 for the US.
The city of Louisville offers a variety of local companies that contribute to its economy. For instance, Ford Motor Company has a major engineering and production facility in Louisville. Humana Inc., which develops healthcare solutions for patients, also operates in Louisville. Brown-Forman Corporation,one of the largest American-owned spirits and wine companies in the world, is based here as well. Other notable businesses include The Courier Journal newspaper, KFC Corporation fast food restaurant chain and Yum! Brands Inc., which owns Taco Bell and Pizza Hut chains.
Louisville (zip 40291) has an unemployment rate of 5.0%. The US average is 6.0%.
Louisville (zip 40291) 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 40291)
- The Sales Tax Rate for Louisville (zip 40291) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Louisville (zip 40291) 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 40291)
- The average income of a Louisville (zip 40291) resident is $38,708 a year. The US average is $37,638 a year.
- The Median household income of a Louisville (zip 40291) resident is $75,687 a year. The US average is $69,021 a year.