Mount Washington, Kentucky (40047) is a small city with a population of approximately 7,400 people. The average 2 bedroom rent in Mount Washington is $960 which is significantly lower than the US average of $1,430. The Grocery Cost Index for Mount Washington is 98 which is slightly lower than the national average of 100. There are many local businesses that provide services to the community such as Sacred Heart Catholic Church, Walgreens Pharmacy, and Pizza Time. In addition to these businesses there are also several restaurants in and around Mount Washington such as El Tarasco Mexican Restaurant and China Wok. Living in Mount Washington provides a cost effective alternative to major urban cities for those who still want access to quality services and amenities.
Mount Washington (zip 40047) has an unemployment rate of 4.2%. The US average is 6.0%.
Mount Washington (zip 40047) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 38.9%, which is higher than the US average of 33.5%.
Tax Rates for Mount Washington (zip 40047)
- The Sales Tax Rate for Mount Washington (zip 40047) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Washington (zip 40047) 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 Mount Washington (zip 40047)
- The average income of a Mount Washington (zip 40047) resident is $27,162 a year. The US average is $28,555 a year.
- The Median household income of a Mount Washington (zip 40047) resident is $82,621 a year. The US average is $69,021 a year.