Park City, KY is a small city located in the heart of Kentucky. It is home to 42160 people and has a pleasant rural atmosphere. The cost of living here is much lower than most places in the United States with 2 bedroom rent averaging only $810 compared to the US average of $1,430. Grocery costs are also relatively low at 92 compared to the US index of 100. Park City consists largely of small businesses including Cafe 123, The Little Store, and Big D's BBQ Shack. These local companies provide residents with everything they need for everyday life at a fraction of the normal price. Overall, Park City provides an excellent quality of life at an affordable price for those looking for a rural place to live.
Park City (zip 42160) has an unemployment rate of 5.7%. The US average is 6.0%.
Park City (zip 42160) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.
Tax Rates for Park City (zip 42160)
- The Sales Tax Rate for Park City (zip 42160) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Park City (zip 42160) 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 Park City (zip 42160)
- The average income of a Park City (zip 42160) resident is $20,028 a year. The US average is $28,555 a year.
- The Median household income of a Park City (zip 42160) resident is $40,132 a year. The US average is $69,021 a year.