Zip 40763 (Siler, KY) Economy


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United States / Kentucky / London Metro Area / Whitley County / No City / Siler (zip 40763)
40763 Siler, KY is a small town located in Perry County, close to the Daniel Boone National Forest. The average two bedroom rent is $580, making it significantly more affordable than the US average of $1430. The grocery cost index in Siler is 88 compared to 100 in the US. This means that groceries may be more expensive than other areas but still cheaper than the national average. To shop locally, residents can head to stores such as Super Save Grocery Store or Hometown Market for fresh produce and basic household items. For meats and other specialized items, there are also several options like Notgrass Quality Meats and Gooden's Grocery and Market. Living in 40763 Siler provides an affordable cost of living compared with many other parts of the country.

Siler (zip 40763) has an unemployment rate of 5.4%. The US average is 6.0%.

Siler (zip 40763) has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.

Tax Rates for Siler (zip 40763)
- The Sales Tax Rate for Siler (zip 40763) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Siler (zip 40763) 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 Siler (zip 40763)
- The average income of a Siler (zip 40763) resident is $11,907 a year. The US average is $28,555 a year.
- The Median household income of a Siler (zip 40763) resident is $21,211 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySiler, KentuckyUnited States
  5.46
  -2.6%-6.2%
  38.0%33.5%
  6.0%6.2%
  5.0%4.6%
  $15,632$37,638
  $21,211$69,021
  $21,912$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.8%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  19.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  8.8%4.2%
  21.1%9.3%
  42.1%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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