The small town of South Portsmouth in Kentucky has a population of just over 1,000 people. It is a great place to live for those looking for a quieter pace of life. The 2 bedroom rent in this area is very affordable at only $800 per month, much lower than the US average of $1,430. Cost of living is also relatively low with the Grocery Cost Index being 97 versus 100 in the US on average. There are also many local stores and companies in South Portsmouth including Country Corner Food Mart, Hamburgers Pizza Plus, and B&B Hardware & Feed Company offering goods and services at competitive prices. All these factors make South Portsmouth an attractive place to live for those looking for affordable housing and everyday supplies.
South Portsmouth (zip 41174) has an unemployment rate of 7.1%. The US average is 6.0%.
South Portsmouth (zip 41174) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for South Portsmouth (zip 41174)
- The Sales Tax Rate for South Portsmouth (zip 41174) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for South Portsmouth (zip 41174) 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 South Portsmouth (zip 41174)
- The average income of a South Portsmouth (zip 41174) resident is $12,731 a year. The US average is $28,555 a year.
- The Median household income of a South Portsmouth (zip 41174) resident is $67,167 a year. The US average is $69,021 a year.