Zip 40051 (New Haven, KY) Economy


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40051 New Haven, KY is a small town with a population of around 10,000 people. The cost of living in 40051 New Haven is quite reasonable, with a 2 bedroom rent costing just $730 compared to the US average of $1,430. Additionally, grocery costs are also well below the national average index of 100 – 95 in 40051 New Haven. As such, people who live here have more disposable income for other activities and amenities. Local companies in 40051 New Haven include the Sunrise Cafe & Bakery, TSR Farms LLC, and TC’s Towing & Salvage. There are also several local restaurants and retail shops to explore and enjoy while living in this quaint town.

New Haven (zip 40051) has an unemployment rate of 4.4%. The US average is 6.0%.

New Haven (zip 40051) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 42.0%, which is higher than the US average of 33.5%.

Tax Rates for New Haven (zip 40051)
- The Sales Tax Rate for New Haven (zip 40051) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Haven (zip 40051) 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 New Haven (zip 40051)
- The average income of a New Haven (zip 40051) resident is $27,126 a year. The US average is $37,638 a year.
- The Median household income of a New Haven (zip 40051) resident is $60,259 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Haven, KentuckyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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