Zip 40361 (Paris, KY) Economy


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40361 Paris, KY is a small town with a population of 8,552 people according to the US Census Bureau. The 2-bedroom rent in this area is $870 which is much lower than the nationwide average of $1,430. Grocery costs are also much lower than the US average with an index score 97 versus 100 in the US.
Paris, KY has various local businesses that are a great resource for both residents and visitors alike. One such business is J&J's home furnishings which offers furniture at discounted prices for the whole house. They also have a selection of appliances including refrigerators, washers and dryers, and even dishwashers. Another popular option is Bartholemew's Bakery which serves freshly baked goods made from scratch daily as well as custom cakes for any occasion. For those looking for outdoor activities in the area, Equestrian Adventures provides horseback riding lessons as well as guided trail rides perfect for anyone looking to explore nature. Lastly, there is Rick’s Auto Repair offering full service auto repair from oil changes to engine repair and more all at competitive prices.

Paris (zip 40361) has an unemployment rate of 4.3%. The US average is 6.0%.

Paris (zip 40361) has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.

Tax Rates for Paris (zip 40361)
- The Sales Tax Rate for Paris (zip 40361) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Paris (zip 40361) is 8.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Paris (zip 40361)
- The average income of a Paris (zip 40361) resident is $29,722 a year. The US average is $37,638 a year.
- The Median household income of a Paris (zip 40361) resident is $55,719 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyParis, KentuckyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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