42553 Science Hill, KY is a great place to live for anyone looking for an affordable and comfortable lifestyle. The average rent for a 2 bedroom apartment in this area is $780, much lower than the national average of $1430. Not only are living expenses inexpensive, but grocery costs are also favorable as the index for this area is 94 versus 100 in the US. This small town is located within close proximity to larger cities such as Somerset and London, providing residents with access to several large employers like Fruit of the Loom, Walmart, Burger King and Family Dollar. Whatever your needs may be, 42553 Science Hill has something that will suit you!
Science Hill (zip 42553) has an unemployment rate of 5.5%. The US average is 6.0%.
Science Hill (zip 42553) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.
Tax Rates for Science Hill (zip 42553)
- The Sales Tax Rate for Science Hill (zip 42553) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Science Hill (zip 42553) is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Science Hill (zip 42553)
- The average income of a Science Hill (zip 42553) resident is $22,389 a year. The US average is $37,638 a year.
- The Median household income of a Science Hill (zip 42553) resident is $41,553 a year. The US average is $69,021 a year.