Zip 40177 (West Point, KY) Economy


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West Point, Kentucky, or 40177, is an ideal destination for those looking to escape the hustle and bustle of city life. With a population of 2,572, it offers a warm welcome and a quiet atmosphere. The two bedroom rent is $840 which is significantly lower than the US average of $1,430 making it attractive to anyone looking for a low cost place to live. Another benefit is that the grocery cost index in West Point is 93 compared to 100 in the US meaning items are cheaper and can go further.
There are plenty of companies in West Point including local businesses such as Hometown Bakery and Hair Solutions Salon & Spa; recreational activities such as K & P Go Karts and D & B Paintball; services including Arista Cleaning Services and Hayes Heating & Air Conditioning; and retail stores like Walmart Supercenter.
In addition to shops, there are plenty of attractions close by such as Lyndon State Park where visitors can enjoy trails for walking or hiking; several parks full of playgrounds; golf courses for some friendly competition; bowling alleys; movie theaters; disc golf courses; swimming pools and much more! The area also has many amenities such as restaurants offering delicious food from Italian cuisine to Mexican dishes; supermarkets stocked with fresh produce and pantry items; pharmacies offering prescriptions and medical advice; banks with ATM’s pre-loaded with cash ready to be withdrawn at any time.

West Point (zip 40177) has an unemployment rate of 4.9%. The US average is 6.0%.

West Point (zip 40177) has seen the job market decrease by -6.5% 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 West Point (zip 40177)
- The Sales Tax Rate for West Point (zip 40177) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for West Point (zip 40177) is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for West Point (zip 40177)
- The average income of a West Point (zip 40177) resident is $33,504 a year. The US average is $37,638 a year.
- The Median household income of a West Point (zip 40177) resident is $47,670 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Point, KentuckyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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