Zip 40972 (Oneida, KY) Economy


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United States / Kentucky / No Metro Area / Clay County / Oneida / Oneida (zip 40972)
Oneida, Kentucky (40972) is a small city known for its quiet streets, low crime rates, and affordable cost of living. The 2 bedroom rent in this area is $650 which is much lower than the US average which is $1,430. Other aspects of the cost of living such as food and groceries also are more economical with a local grocery cost index of 90 compared to the national level of 100. Local businesses in this area include Oneida Grocery Store, Royal Oak Service Station, and Stinson's Hardware Store. With these amenities available along with a low cost of living, Oneida is an ideal place to live for those seeking an affordable lifestyle.

Oneida (zip 40972) has an unemployment rate of 7.6%. The US average is 6.0%.

Oneida (zip 40972) has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Oneida (zip 40972)
- The Sales Tax Rate for Oneida (zip 40972) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Oneida (zip 40972) is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Oneida (zip 40972)
- The average income of a Oneida (zip 40972) resident is $12,440 a year. The US average is $28,555 a year.
- The Median household income of a Oneida (zip 40972) resident is $36,379 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOneida, KentuckyUnited States
  7.66
  -1.5%-6.2%
  25.0%33.5%
  6.0%6.2%
  6.0%4.6%
  $15,794$37,638
  $36,379$69,021
  $48,886$85,028
  Population by Occupation
  4.5%1.2%
  0.0%0.5%
  0.0%6.8%
  7.2%10.0%
  4.8%2.5%
  29.9%11.0%
  6.4%4.8%
  1.6%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  19.3%9.3%
  9.4%14.0%
  0.0%2.1%
  1.3%7.0%
  15.5%4.8%
  0.0%4.7%
Health