Zip 41231 (Lovely, KY) Economy


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United States / Kentucky / No Metro Area / Martin County / No City / Lovely (zip 41231)
41231 Lovely, KY is a great place to live thanks to its low 2 bedroom rent of $810 and grocery cost index of 96. It is an affordable area for those looking to live in the area. In addition to the low housing costs, there are plenty of local businesses that make living here enjoyable such as Lazy Hills Golf Club, The Catfish House, Family Dollar Store, and Sexton's General Store. Each offers a unique experience for both locals and tourists alike. Whether you're looking for fun activities or simple shopping needs, you can find it all in 41231 Lovely, KY.

Lovely (zip 41231) has an unemployment rate of 9.3%. The US average is 6.0%.

Lovely (zip 41231) has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.

Tax Rates for Lovely (zip 41231)
- The Sales Tax Rate for Lovely (zip 41231) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lovely (zip 41231) is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Lovely (zip 41231)
- The average income of a Lovely (zip 41231) resident is $22,354 a year. The US average is $28,555 a year.
- The Median household income of a Lovely (zip 41231) resident is $29,936 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLovely, KentuckyUnited States
  9.36
  -11.5%-6.2%
  19.5%33.5%
  6.0%6.2%
  5.0%4.6%
  $26,172$37,638
  $29,936$69,021
  $41,223$85,028
  Population by Occupation
  0.0%1.2%
  1.5%0.5%
  29.8%6.8%
  0.0%10.0%
  3.3%2.5%
  12.7%11.0%
  8.4%4.8%
  0.0%0.8%
  0.0%1.9%
  10.9%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  16.4%9.3%
  12.0%14.0%
  0.0%2.1%
  0.0%7.0%
  5.1%4.8%
  0.0%4.7%
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