Zip 40359 (Owenton, KY) Economy


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United States / Kentucky / No Metro Area / Owen County / Owenton / Owenton (zip 40359)
Owenton, KY 40359 is a small town located in Kentucky. It has a population of just over 1,000 people and is known for its rural charm. The two-bedroom rent in Owenton is $730 per month, which is significantly lower than the US average of $1,430 per month. The grocery cost index in Owenton is 96 compared to 100 in the US.
Living in Owenton offers residents an escape from the hustle and bustle of city life. Some popular local businesses include Amish Acres of North America, George’s Feed Store, and County Seat Restaurant & Deli. Popular landmarks include Owenton City Park and the Oldham County Historical Society Museum. Overall, Owenton provides residents with a low cost of living that can be enjoyed by all.

Owenton (zip 40359) has an unemployment rate of 4.6%. The US average is 6.0%.

Owenton (zip 40359) has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Owenton (zip 40359)
- The Sales Tax Rate for Owenton (zip 40359) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Owenton (zip 40359) 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 Owenton (zip 40359)
- The average income of a Owenton (zip 40359) resident is $20,018 a year. The US average is $28,555 a year.
- The Median household income of a Owenton (zip 40359) resident is $53,447 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOwenton, KentuckyUnited States
  4.66
  -3.2%-6.2%
  22.3%33.5%
  6.0%6.2%
  6.0%4.6%
  $27,627$37,638
  $53,447$69,021
  $65,670$85,028
  Population by Occupation
  4.2%1.2%
  0.0%0.5%
  9.0%6.8%
  17.0%10.0%
  3.3%2.5%
  8.9%11.0%
  4.4%4.8%
  3.3%0.8%
  0.5%1.9%
  4.5%4.7%
  0.5%1.9%
  0.3%7.6%
  0.0%0.1%
  3.5%4.2%
  8.8%9.3%
  11.2%14.0%
  1.5%2.1%
  4.7%7.0%
  1.2%4.8%
  13.3%4.7%
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