Zip 40356 (Nicholasville, KY) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
40356 Nicholasville, KY is a small town located within Jessamine County with a population of 11,128 according to the 2010 Census. The cost of living is relatively low in this rural community. The 2 bedroom rent in the area is $900 per month which is substantially lower than the US average of $1,430. Additionally, the Grocery Cost Index for 40356 Nicholasville, KY is 96 versus 100 in the US. In terms of businesses and employment opportunities, some local companies include Lazer Spot Inc., Dan Wyant Auctioneers LLC., Precision Tune Auto Care and Majestic Courier Service. This small town is perfect for those looking to move to a rural area with an affordable cost of living.

Nicholasville (zip 40356) has an unemployment rate of 4.6%. The US average is 6.0%.

Nicholasville (zip 40356) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 36.6%, which is higher than the US average of 33.5%.

Tax Rates for Nicholasville (zip 40356)
- The Sales Tax Rate for Nicholasville (zip 40356) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Nicholasville (zip 40356) is 8.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Nicholasville (zip 40356)
- The average income of a Nicholasville (zip 40356) resident is $27,472 a year. The US average is $28,555 a year.
- The Median household income of a Nicholasville (zip 40356) resident is $64,799 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNicholasville, KentuckyUnited States
  4.66
  -4.5%-6.2%
  36.6%33.5%
  6.0%6.2%
  7.5%4.6%
  $35,226$37,638
  $64,799$69,021
  $80,111$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  9.4%6.8%
  10.0%10.0%
  2.9%2.5%
  13.0%11.0%
  4.6%4.8%
  1.1%0.8%
  1.3%1.9%
  3.7%4.7%
  1.6%1.9%
  5.2%7.6%
  0.0%0.1%
  4.2%4.2%
  9.8%9.3%
  16.5%14.0%
  0.7%2.1%
  4.9%7.0%
  6.1%4.8%
  3.7%4.7%
Health