At 42451 Reed, KY, renters can find an affordable lifestyle with 2 bedroom rents coming in at $1,030 compared to the US average of $1,430. The cost of living is lower here than throughout much of the US as evidenced by the local grocery cost index at 89. The town offers a variety of natural attractions and local recreational activities that make it a great place to live. Popular attractions include The Red River Gorge Geological Area that showcases spectacular sandstone cliffs and overlooks, as well as Natural Bridge State Park which provides hiking trails for tourists and locals alike along with educational programs about the native fauna and flora. There are plenty of jobs available from local companies like Rockcastle Regional Hospital & Respiratory Care Center and Appalachian Sign Company. With all this to offer, 42451 Reed is a great choice for those seeking an affordable and active lifestyle.
Reed (zip 42451) has an unemployment rate of 5.1%. The US average is 6.0%.
Reed (zip 42451) has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.
Tax Rates for Reed (zip 42451)
- The Sales Tax Rate for Reed (zip 42451) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Reed (zip 42451) 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 Reed (zip 42451)
- The average income of a Reed (zip 42451) resident is $12,108 a year. The US average is $28,555 a year.
- The Median household income of a Reed (zip 42451) resident is $32,292 a year. The US average is $69,021 a year.