41558 Ransom, KY is a small rural area located near the border with Missouri. It has plenty of amenities that make it an ideal place to live, including lower costs of living than many other places in the U.S. The average rent for a two bedroom apartment in 41558 Ransom, KY is $680, which is significantly lower than the national average of $1,430 per month. Additionally, groceries in 41558 Ransom are about 93 on the Cost Index versus 100 in the US. This means that food will be cheaper here than in many other places throughout the country. Some local businesses that offer goods and services at competitive prices include Taylor Grocery Store for groceries; Paul's Automotive for car repairs; and Miller's Pharmacy for prescription medications and over-the-counter items. In summary, 41558 Ransom, KY offers great value for those looking to move to an affordable location with access to necessities such as housing and groceries.
Ransom (zip 41558) has an unemployment rate of 7.0%. The US average is 6.0%.
Ransom (zip 41558) has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Ransom (zip 41558)
- The Sales Tax Rate for Ransom (zip 41558) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ransom (zip 41558) 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 Ransom (zip 41558)
- The average income of a Ransom (zip 41558) resident is $24,293 a year. The US average is $37,638 a year.
- The Median household income of a Ransom (zip 41558) resident is $60,250 a year. The US average is $69,021 a year.