Zip 41862 (Topmost, KY) Economy


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United States / Kentucky / No Metro Area / Knott County / No City / Topmost (zip 41862)
The small town of 41862 Topmost, KY offers a great balance between cost of living and quality of life. According to the data provided, the average cost of rent for a 2 bedroom is $650 while it is more than double that in the United States. Additionally, grocery costs are 91 out of 100 compared to the US which shows how cost effective this rural area is.
Local companies in 41862 Topmost include Appalachian Regional Healthcare, Kentucky Power, and Magoffin County Board Of Education. It is also home to independent business such as Judy's Boutique, Blue Moon Farm Market & Deli, and Mountain Motorsports. No matter what kind of service or goods you need, you can find it here in Topmost.

Topmost (zip 41862) has an unemployment rate of 7.5%. The US average is 6.0%.

Topmost (zip 41862) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 11.0%, which is lower than the US average of 33.5%.

Tax Rates for Topmost (zip 41862)
- The Sales Tax Rate for Topmost (zip 41862) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Topmost (zip 41862) 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 Topmost (zip 41862)
- The average income of a Topmost (zip 41862) resident is $15,734 a year. The US average is $28,555 a year.
- The Median household income of a Topmost (zip 41862) resident is $29,034 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTopmost, KentuckyUnited States
  7.56
  -5.0%-6.2%
  11.0%33.5%
  6.0%6.2%
  5.0%4.6%
  $14,227$37,638
  $29,034$69,021
  $41,161$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.0%6.8%
  0.0%10.0%
  0.0%2.5%
  16.7%11.0%
  7.6%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  3.8%7.6%
  0.0%0.1%
  5.3%4.2%
  13.6%9.3%
  21.2%14.0%
  0.0%2.1%
  13.6%7.0%
  13.6%4.8%
  1.5%4.7%
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