Sonora is a small town of 42776 people located in Kentucky. It offers an affordable cost of living with its two bedroom rent averaging $770 compared to the US average of $1,430. The Grocery Cost Index in Sonora also comes in below the US average at 94 versus 100 in the US.
The economy of Sonora is largely dominated by local industries such as Cane Creek Management, Drury Hotels and Sonora Foods. Other notable job providers include the Fossil Fuel Power Plant and South Central Kentucky Rehabilitation Hospital. Median household income for Sonora is approximately $48,000 per year, which is slightly lower than the US median income of approximately $61,000 per year.
Sonora (zip 42776) has an unemployment rate of 4.9%. The US average is 6.0%.
Sonora (zip 42776) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.
Tax Rates for Sonora (zip 42776)
- The Sales Tax Rate for Sonora (zip 42776) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sonora (zip 42776) 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 Sonora (zip 42776)
- The average income of a Sonora (zip 42776) resident is $16,647 a year. The US average is $28,555 a year.
- The Median household income of a Sonora (zip 42776) resident is $48,387 a year. The US average is $69,021 a year.