Olympia, KY (zip code 40358) is a great place to live because of its reasonable cost of living. The 2 bedroom rent in the area is $750, which is much lower than the US average of $1430. Grocery costs are also below average, with an index score of 96 compared to 100 nationally. These low prices can be attributed to the local economy and businesses that keep their prices competitive for residents. Companies like Walmart, CVS Pharmacy, and Kroger have all impacted the cost of living in Olympia by providing quality products at affordable prices. Residents benefit from these services and get more bang for their buck when it comes to everyday purchases.
Olympia (zip 40358) has an unemployment rate of 6.4%. The US average is 6.0%.
Olympia (zip 40358) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Olympia (zip 40358)
- The Sales Tax Rate for Olympia (zip 40358) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Olympia (zip 40358) 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 Olympia (zip 40358)
- The average income of a Olympia (zip 40358) resident is $15,182 a year. The US average is $28,555 a year.
- The Median household income of a Olympia (zip 40358) resident is $73,250 a year. The US average is $69,021 a year.