42265 Olmstead, KY is a beautiful small rural community located in Ohio County. The area is known for its rich farming land and rolling hills that provide breathtaking views. 2 bedroom rent in the area is $680, which is much lower than the US average of $1,430. Additionally, grocery costs are also lower with an index of 92 compared to 100 in the US. This makes living in 42265 Olmstead, KY very affordable. \nThe area is home to many local businesses such as Olmstead Solutions LLC and Super Stop Grocery Store. These businesses provide great services to the local community and make it a wonderful place to live. The low cost of living makes this location attractive for families and individuals looking for an affordable place to call home.
Olmstead (zip 42265) has an unemployment rate of 3.9%. The US average is 6.0%.
Olmstead (zip 42265) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 41.7%, which is higher than the US average of 33.5%.
Tax Rates for Olmstead (zip 42265)
- The Sales Tax Rate for Olmstead (zip 42265) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Olmstead (zip 42265) is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Olmstead (zip 42265)
- The average income of a Olmstead (zip 42265) resident is $22,183 a year. The US average is $37,638 a year.
- The Median household income of a Olmstead (zip 42265) resident is $50,409 a year. The US average is $69,021 a year.