41845 Premium, KY is an attractive small town located in the heart of Kentucky. It is known for its friendly community and low cost of living. The average rent for a two-bedroom apartment in 41845 Premium, KY is $580, significantly cheaper than the US average of $1,430. Similarly, the Grocery Cost Index in 41845 Premium, KY is 89 versus 100 in the US. The cost of living index for this charming town is 87.3 which makes it one of the most economical places to live in Kentucky.
There are many local companies that contribute to the economic growth of 41845 Premium, KY such as Gardenview Restaurant & Bar, Superior Auto Parts & Repair Inc., and Walmart Supercenter. Gardenview Restaurant & Bar offers customers delicious food options at affordable prices while Superior Auto Parts & Repair Inc., provides auto repair services to residents at competitive rates. Walmart Supercenter offers a great selection of groceries and other products at discounted prices.
Premium (zip 41845) has an unemployment rate of 7.8%. The US average is 6.0%.
Premium (zip 41845) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 17.6%, which is lower than the US average of 33.5%.
Tax Rates for Premium (zip 41845)
- The Sales Tax Rate for Premium (zip 41845) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Premium (zip 41845) is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Premium (zip 41845)
- The average income of a Premium (zip 41845) resident is $8,575 a year. The US average is $37,638 a year.
- The Median household income of a Premium (zip 41845) resident is $21,458 a year. The US average is $69,021 a year.