Zip 42459 (Sturgis, KY) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Kentucky / No Metro Area / Union County / Sturgis / Sturgis (zip 42459)
42459 Sturgis, KY is an economically diverse town located in Union County. The median 2-bedroom rent price in the area is $690 compared to the US median of $1,430 making it an affordable place to live. The Grocery Cost Index of 90 makes it cheaper than the US average of 100. There are many local companies that serve the community such as Sturgis Drug Store where customers can find all their medication needs. For those looking for a job, there is also Sturgis Machine & Tool, Inc., which manufactures machine tools and components for industrial applications, as well as East Kentucky Power Cooperative that offers jobs related to energy services.

Sturgis (zip 42459) has an unemployment rate of 4.4%. The US average is 6.0%.

Sturgis (zip 42459) has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 21.8%, which is lower than the US average of 33.5%.

Tax Rates for Sturgis (zip 42459)
- The Sales Tax Rate for Sturgis (zip 42459) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sturgis (zip 42459) is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Sturgis (zip 42459)
- The average income of a Sturgis (zip 42459) resident is $20,452 a year. The US average is $28,555 a year.
- The Median household income of a Sturgis (zip 42459) resident is $51,455 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySturgis, KentuckyUnited States
  4.46
  -4.5%-6.2%
  21.8%33.5%
  6.0%6.2%
  5.5%4.6%
  $27,363$37,638
  $51,455$69,021
  $62,388$85,028
  Population by Occupation
  5.8%1.2%
  12.3%0.5%
  8.3%6.8%
  17.3%10.0%
  1.6%2.5%
  9.4%11.0%
  3.8%4.8%
  4.2%0.8%
  0.0%1.9%
  1.3%4.7%
  0.0%1.9%
  1.6%7.6%
  0.0%0.1%
  0.8%4.2%
  9.7%9.3%
  11.7%14.0%
  3.2%2.1%
  0.6%7.0%
  3.7%4.8%
  4.7%4.7%
Health