The small town of Morganfield, Kentucky is a great option for those looking for an affordable place to live. With two bedroom rentals at just $830 per month, it's one of the most affordable places in the United States with a median 2 bedroom rent of $1,430. Furthermore, grocery costs are lower than the national average with an index of 91 versus 100 in the US. Those wanting to rent in Morganfield have several options, including Morganfield Apartments and Franklin Street Rentals. Both offer competitive rates and convenient locations close to local amenities like parks and restaurants. Whether you're looking for an affordable place to call home or just a place to stay, Morganfield has something for everyone.
Morganfield (zip 42437) has an unemployment rate of 4.4%. The US average is 6.0%.
Morganfield (zip 42437) has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 21.8%, which is lower than the US average of 33.5%.
Tax Rates for Morganfield (zip 42437)
- The Sales Tax Rate for Morganfield (zip 42437) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Morganfield (zip 42437) is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Morganfield (zip 42437)
- The average income of a Morganfield (zip 42437) resident is $18,808 a year. The US average is $28,555 a year.
- The Median household income of a Morganfield (zip 42437) resident is $49,395 a year. The US average is $69,021 a year.