The small city of 40988 Stoney Fork, KY is an affordable place to live, offering two bedroom apartments for rent at just $600. This is significantly lower than the national average of $1,430, making it a great option for those on a budget. Furthermore, the grocery cost index in Stoney Fork is 89 compared to 100 in the US. Local businesses include Rudy's Market which offers fresh produce and meats as well as some prepared food items, and Spears Hardware store where customers can find anything from tools to hardware supplies they need. There is also Jack's Furniture Store with quality furniture for every room in the house at affordable prices.
Stoney Fork (zip 40988) has an unemployment rate of 5.9%. The US average is 6.0%.
Stoney Fork (zip 40988) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Stoney Fork (zip 40988)
- The Sales Tax Rate for Stoney Fork (zip 40988) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Stoney Fork (zip 40988) 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 Stoney Fork (zip 40988)
- The average income of a Stoney Fork (zip 40988) resident is $13,300 a year. The US average is $28,555 a year.
- The Median household income of a Stoney Fork (zip 40988) resident is $28,864 a year. The US average is $69,021 a year.