Lowes is a small community in Kentucky situated in the northern part of the state. It has a population of just 420 people and is known for its rural feel. The median 2 bedroom rent in this area is $680, comparatively lower than the US average of $1,430. Similarly, the cost of groceries index in Lowes is 91 versus 100 in the US. There are several local companies that operate here including Lowes General Store, Stutzman Contracting Co., and Bluegrass Propane & Heating Solutions LLC. These businesses serve the needs of locals and offer excellent services to residents of Lowes and surrounding areas.
Lowes (zip 42061) has an unemployment rate of 4.9%. The US average is 6.0%.
Lowes (zip 42061) has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Lowes (zip 42061)
- The Sales Tax Rate for Lowes (zip 42061) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lowes (zip 42061) is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lowes (zip 42061)
- The average income of a Lowes (zip 42061) resident is $16,589 a year. The US average is $37,638 a year.
- The Median household income of a Lowes (zip 42061) resident is $0 a year. The US average is $69,021 a year.