The city of 40067 Simpsonville, Kentucky is a thriving community with plenty to offer. Rich in history and culture, the area is home to a variety of businesses including an old-fashioned general store, a pharmacy, restaurants, banks, post offices, and repair shops. There is also a local farmer's market for residents to enjoy. The cost of living in 40067 Simpsonville is relatively low compared to other parts of the United States. For example, rent for a two-bedroom home averages $1,020 while the same size home in the US averages $1,430. Groceries are also less expensive as the grocery cost index in 40067 Simpsonville is 102 versus 100 in the US. In conclusion, 40067 Simpsonville provides a great balance between quality and affordability for its citizens.
Simpsonville (zip 40067) has an unemployment rate of 3.9%. The US average is 6.0%.
Simpsonville (zip 40067) 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 Simpsonville (zip 40067)
- The Sales Tax Rate for Simpsonville (zip 40067) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Simpsonville (zip 40067) is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Simpsonville (zip 40067)
- The average income of a Simpsonville (zip 40067) resident is $43,569 a year. The US average is $37,638 a year.
- The Median household income of a Simpsonville (zip 40067) resident is $93,942 a year. The US average is $69,021 a year.