Sidney, Kentucky (41564) is a small town located in Pike County. It has a population of around 1,000 people and the median rent for a two-bedroom apartment is $670 which is much lower than the national average of $1,430. The grocery cost index in Sidney is 98 compared to the US overall at 100. As such, living costs are much more affordable making this a great place to live.
The local economy of Sidney revolves around agriculture with farming being an important source of income for many local families. Businesses catering to this sector include H&H Farms LLC and JDJ Farms which are both family owned farms. PAD & Son Tire & Repair provides services for farmers by offering tires and mechanical repairs for farm machinery while Baker Outdoors provides hunting supplies and other outdoor gear for locals and tourists alike who come to enjoy the outdoors in the area. There are also churches that do much to help out the community such as Hazel Green Baptist Church that provides social services such as food banks and weekly prayer meetings.
Sidney (zip 41564) has an unemployment rate of 7.0%. The US average is 6.0%.
Sidney (zip 41564) has seen the job market increase by 0.0% 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 Sidney (zip 41564)
- The Sales Tax Rate for Sidney (zip 41564) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sidney (zip 41564) 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 Sidney (zip 41564)
- The average income of a Sidney (zip 41564) resident is $19,359 a year. The US average is $28,555 a year.
- The Median household income of a Sidney (zip 41564) resident is $41,958 a year. The US average is $69,021 a year.