Zip 42079 (Sedalia, KY) Economy


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42079 Sedalia, KY is a small rural town located in Owen County. It is home to an estimated population of 806 residents, and the cost of living is relatively low. The average two bedroom rent in the area is just $720 which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index in 42079 Sedalia is 91 compared to 100 in the United States.
The small town also offers plenty of amenities for those who call it home. Sedalia has a number of local companies including a gas station, salon, lumber yard, and convenience store. There are also several restaurants that serve up delicious meals throughout the day and many churches in the area offer services for those looking for a spiritual community. All this combined with low cost of living makes 42079 Sedalia, KY an ideal place to live.

Sedalia (zip 42079) has an unemployment rate of 4.9%. The US average is 6.0%.

Sedalia (zip 42079) has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.

Tax Rates for Sedalia (zip 42079)
- The Sales Tax Rate for Sedalia (zip 42079) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sedalia (zip 42079) 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 Sedalia (zip 42079)
- The average income of a Sedalia (zip 42079) resident is $36,909 a year. The US average is $37,638 a year.
- The Median household income of a Sedalia (zip 42079) resident is $63,906 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySedalia, KentuckyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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