42262 Oak Grove, KY is an affordable place to live. The average 2 bedroom rent is $960, which is much less than the US average of $1,430. The cost of living in Oak Grove is also cheaper than the US average; the Grocery Cost Index is 93 compared to 100 in the US.
Oak Grove has plenty of local amenities for residents including the Rafferty's Restaurant & Bar, Hardee's, Walmart Supercenter and Dollar General. There are also a variety of churches nearby such as Oak Grove United Methodist Church and Friendship Baptist Church. For entertainment, there are several parks including Piney Creek Park and Westview Park that offer outdoor activities like fishing, hiking trails and playgrounds.
Oak Grove (zip 42262) has an unemployment rate of 5.6%. The US average is 6.0%.
Oak Grove (zip 42262) has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Oak Grove (zip 42262)
- The Sales Tax Rate for Oak Grove (zip 42262) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Oak Grove (zip 42262) is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Oak Grove (zip 42262)
- The average income of a Oak Grove (zip 42262) resident is $18,529 a year. The US average is $37,638 a year.
- The Median household income of a Oak Grove (zip 42262) resident is $38,199 a year. The US average is $69,021 a year.