Martin, KY is an enjoyable place to live with a population of 41649. The cost of living is quite reasonable with 2 bedroom rental prices that are much lower than the US average at just $620. Grocery costs are also quite low compared to most places in the US with a grocery cost index of 96. Martin has a variety of local businesses such as Dreamerz Hair, Happy Days Bar & Grill, and Carol's Catering that offer quality goods and services to its residents. With low rent and groceries, Martin makes for an ideal location for anyone looking for affordability without sacrificing quality.
Martin (zip 41649) has an unemployment rate of 7.5%. The US average is 6.0%.
Martin (zip 41649) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 18.6%, which is lower than the US average of 33.5%.
Tax Rates for Martin (zip 41649)
- The Sales Tax Rate for Martin (zip 41649) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Martin (zip 41649) is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Martin (zip 41649)
- The average income of a Martin (zip 41649) resident is $15,475 a year. The US average is $28,555 a year.
- The Median household income of a Martin (zip 41649) resident is $30,789 a year. The US average is $69,021 a year.