Located in the town of Salt Lick, Kentucky, 40371 is a great place to live. The average two bedroom rent in the area is $750, making it one of the most affordable places to live in the US where two bedroom rent averages at $1,430. The grocery cost index for this area is 94 out of 100 meaning food and groceries here are cheaper than most other places. There are local companies such as G and P Market and B and M Grocery that provide residents with fresh produce and daily needs at competitive prices. Other local businesses include Northside Pharmacy, Salt Lick Veterinary Clinic, Mark's Auto Repair LLC, and Stutts Realty & Auction Company Inc. All these companies help provide a high quality service to the community of 40371 Salt Lick, Kentucky.
Salt Lick (zip 40371) has an unemployment rate of 6.4%. The US average is 6.0%.
Salt Lick (zip 40371) has seen the job market decrease by -0.8% 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 Salt Lick (zip 40371)
- The Sales Tax Rate for Salt Lick (zip 40371) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Salt Lick (zip 40371) is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Salt Lick (zip 40371)
- The average income of a Salt Lick (zip 40371) resident is $12,765 a year. The US average is $28,555 a year.
- The Median household income of a Salt Lick (zip 40371) resident is $38,889 a year. The US average is $69,021 a year.