Zip 41547 (Majestic, KY) Economy


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United States / Kentucky / No Metro Area / Pike County / No City / Majestic (zip 41547)
41547 Majestic, KY is an ideal place to live for individuals and families who seek a comfortable life at an affordable price. The average two-bedroom rent in the area is just $630 dollars per month, much lower than the US national average of $1,430. Additionally, grocery costs in 41547 Majestic are even more affordable; the Grocery Cost Index is 93 compared to 100 in the US. In terms of amenities, there are plenty of nearby businesses such as the Majestic Shopping Center, which features various stores including Target and Macy’s. Additionally, locals can find great restaurants such as Subway and Chili’s nearby. All in all, 41547 Majestic offers great value for money when it comes to rent and groceries while providing plenty of options in terms of dining and shopping.

Majestic (zip 41547) has an unemployment rate of 7.0%. The US average is 6.0%.

Majestic (zip 41547) has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.

Tax Rates for Majestic (zip 41547)
- The Sales Tax Rate for Majestic (zip 41547) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Majestic (zip 41547) 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 Majestic (zip 41547)
- The average income of a Majestic (zip 41547) resident is $20,935 a year. The US average is $28,555 a year.
- The Median household income of a Majestic (zip 41547) resident is $17,956 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMajestic, KentuckyUnited States
  76
  -7.3%-6.2%
  20.0%33.5%
  6.0%6.2%
  5.0%4.6%
  $13,871$37,638
  $17,956$69,021
Family Median Income 85028
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