Zip 42069 (Melber, KY) Economy


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42069 Melber, KY is located in the western part of Graves County. It has a population of approximately 1,000 people and the median household income is around $33,000. The cost of living in 42069 Melber, KY is relatively low. 2 Bedroom Rent is only $750 compared to the US average of $1,430. Similarly, the Grocery Cost Index in this area is 90 versus 100 on average in the US.
There are many local companies in 42069 Melber, such as Suzy’s Boutique which sells unique clothing items and accessories; WK Trucking Inc., which provides trucking services in western Kentucky; and The Greene Store which offers groceries and gas at competitive prices. Other fun facts about this area include its close proximity to Kentucky Lake for fishing and recreation purposes; it also has a variety of restaurants ranging from fast food to fine dining experiences.

Melber (zip 42069) has an unemployment rate of 4.9%. The US average is 6.0%.

Melber (zip 42069) has seen the job market increase by 0.1% 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 Melber (zip 42069)
- The Sales Tax Rate for Melber (zip 42069) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Melber (zip 42069) 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 Melber (zip 42069)
- The average income of a Melber (zip 42069) resident is $20,134 a year. The US average is $28,555 a year.
- The Median household income of a Melber (zip 42069) resident is $53,620 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMelber, KentuckyUnited States
  4.96
  -2.8%-6.2%
  31.7%33.5%
  6.0%6.2%
  6.0%4.6%
  $20,980$37,638
  $53,620$69,021
  $55,139$85,028
  Population by Occupation
  11.3%1.2%
  0.0%0.5%
  12.7%6.8%
  9.5%10.0%
  0.0%2.5%
  13.1%11.0%
  18.5%4.8%
  4.7%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  12.7%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  17.5%4.7%
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