Zip 40065 (Shelbyville, KY) Economy


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40065 Shelbyville, KY is a small town with a population of around 14,000. It's the perfect place to start a new life in the heart of Kentucky. The average 2 Bedroom rent in 40065 Shelbyville, KY is much more affordable than the US average at just $950 per month. Not only is housing more affordable, but grocery costs too are below the national average at 98 Index versus 100 in the US. \nLocal businesses in 40065 Shelbyville include places like Carrollton Bank which provides banking and loan services, The Log Cabin Florist which specializes in floral arrangements for all occasions, and Advance Auto Parts for automotive services and supplies. These companies provide essential services to the community that help make it an enjoyable place to live.

Shelbyville (zip 40065) has an unemployment rate of 3.9%. The US average is 6.0%.

Shelbyville (zip 40065) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 41.2%, which is higher than the US average of 33.5%.

Tax Rates for Shelbyville (zip 40065)
- The Sales Tax Rate for Shelbyville (zip 40065) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shelbyville (zip 40065) is 8.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Shelbyville (zip 40065)
- The average income of a Shelbyville (zip 40065) resident is $33,628 a year. The US average is $37,638 a year.
- The Median household income of a Shelbyville (zip 40065) resident is $70,330 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShelbyville, 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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