41563 Shelby Gap, KY is a small, rural community located in Johnson County. The area has a relatively low cost of living with two-bedroom apartments renting for about $690 per month compared to a national average of $1,430. Grocery costs are also lower than the national index at 95 versus 100.
The main industries in 41563 Shelby Gap, KY are agricultural and service based businesses. Companies such as the Rockcastle River Trading Company specialize in homemade natural soaps and salves while Sanders Grain Farm provides locally sourced grains to the surrounding area.
There are plenty of interesting attractions within close proximity to 41563 Shelby Gap, KY; these include Laurel Lake, Mill Creek Falls and Copperhead Cave. Outdoor enthusiasts can take advantage of the numerous hiking trails found throughout the area and visitors can enjoy learning more about the history of this small town by touring local museums.
Shelby Gap (zip 41563) has an unemployment rate of 7.0%. The US average is 6.0%.
Shelby Gap (zip 41563) has seen the job market decrease by -7.3% 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 Shelby Gap (zip 41563)
- The Sales Tax Rate for Shelby Gap (zip 41563) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shelby Gap (zip 41563) 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 Shelby Gap (zip 41563)
- The average income of a Shelby Gap (zip 41563) resident is $16,693 a year. The US average is $37,638 a year.
- The Median household income of a Shelby Gap (zip 41563) resident is $0 a year. The US average is $69,021 a year.