Prospect, KY (40059) provides an attractive place to live for those seeking a vibrant community with plenty of amenities. The average two bedroom rent in Prospect is $1,580 compared to the US average of $1,430. Groceries also cost more than the US average as indicated by the Grocery Cost Index of 106 versus 100 in the US.
The area offers plenty of things to do such as shopping at local stores like Walmart and Kroger or taking part in outdoor activities at nearby Bernheim Forest. Residents can experience cultural events like Shakespeare in the Park or join one of numerous festivals throughout the year. Popular attractions include historical landmarks such as Yew Dell Botanical Gardens and entertainment venues like The Bourbon Barrel. There are also lots of dining options such as Mellow Mushroom and Prospect’s BBQ & Brewhouse for residents to enjoy.
Prospect (zip 40059) has an unemployment rate of 5.0%. The US average is 6.0%.
Prospect (zip 40059) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 38.3%, which is higher than the US average of 33.5%.
Tax Rates for Prospect (zip 40059)
- The Sales Tax Rate for Prospect (zip 40059) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Prospect (zip 40059) 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 Prospect (zip 40059)
- The average income of a Prospect (zip 40059) resident is $87,164 a year. The US average is $37,638 a year.
- The Median household income of a Prospect (zip 40059) resident is $161,079 a year. The US average is $69,021 a year.