Paducah, Kentucky (42001) is a city located in the western tip of Kentucky, near the Illinois border. It has a population of 24,864 people and a cost of living that is lower than the US average. The median rent for two bedrooms in Paducah is $910 while two bedrooms in the US cost $1,430 on average. Additionally, groceries cost 93 out of 100 compared to the US index. There are many companies and services available in Paducah such as Kenergy Corporation, Lourdes Hospital, Apollo Steel, O'Sullivan Film Studios, and Shoe Carnival. The city also boasts many locally owned restaurants and shops offering unique products and experiences for residents and visitors alike.
Paducah (zip 42001) has an unemployment rate of 6.2%. The US average is 6.0%.
Paducah (zip 42001) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Paducah (zip 42001)
- The Sales Tax Rate for Paducah (zip 42001) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Paducah (zip 42001) is 8.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Paducah (zip 42001)
- The average income of a Paducah (zip 42001) resident is $32,094 a year. The US average is $28,555 a year.
- The Median household income of a Paducah (zip 42001) resident is $60,786 a year. The US average is $69,021 a year.