Sharpsburg, Kentucky is a small town with a population of just over 400 people located in Bath County. The cost of living in Sharpsburg is significantly lower than the national average, with an estimated 2 bedroom rent being $860 compared to $1,430 nationally. The local grocery cost index is 95 versus 100 as a national benchmark. Local businesses include Baxter's Grocery & Deli, Knuckles and Company LLC, and Tinsman Garage Door Solutions. In general, Sharpsburg offers an affordable lifestyle for residents and those looking to relocate to the area.
Sharpsburg (zip 40374) has an unemployment rate of 6.4%. The US average is 6.0%.
Sharpsburg (zip 40374) has seen the job market decrease by -4.4% 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 Sharpsburg (zip 40374)
- The Sales Tax Rate for Sharpsburg (zip 40374) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sharpsburg (zip 40374) 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 Sharpsburg (zip 40374)
- The average income of a Sharpsburg (zip 40374) resident is $20,935 a year. The US average is $37,638 a year.
- The Median household income of a Sharpsburg (zip 40374) resident is $36,146 a year. The US average is $69,021 a year.