Zip 41759 (Sassafras, KY) Economy


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United States / Kentucky / No Metro Area / Knott County / Sassafras / Sassafras (zip 41759)
41759 Sassafras, KY is a great place to live. It's a small town with a population of about 1,500 and has all the amenities you would expect of a rural town. The two bedroom rent in 41759 Sassafras is only $650 per month which is significantly lower than the national average of $1,430 per month. The grocery cost index in 41759 Sassafras is also lower than the US with 92 compared to 100. Local businesses include Walker Farms Dairy, located on Old Hwy 25W; Ozark Orchard, located on Main Street; and Dolly's Restaurant, located on Hwy 21 near Pineville. Other features include access to trails for hiking and mountain biking as well as several lakes for fishing and swimming.

Sassafras (zip 41759) has an unemployment rate of 7.5%. The US average is 6.0%.

Sassafras (zip 41759) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 11.0%, which is lower than the US average of 33.5%.

Tax Rates for Sassafras (zip 41759)
- The Sales Tax Rate for Sassafras (zip 41759) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sassafras (zip 41759) 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 Sassafras (zip 41759)
- The average income of a Sassafras (zip 41759) resident is $28,765 a year. The US average is $28,555 a year.
- The Median household income of a Sassafras (zip 41759) resident is $36,658 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySassafras, KentuckyUnited States
  7.56
  -5.0%-6.2%
  11.0%33.5%
  6.0%6.2%
  5.0%4.6%
  $17,624$37,638
  $36,658$69,021
  $38,553$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  20.1%2.5%
  25.4%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  8.6%4.7%
  4.9%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  35.4%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  5.6%4.7%
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