Zip 40118 (Fairdale, KY) Economy


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Fairdale, Kentucky is a small city located in Jefferson County. Its population is approximately 3,373 people. It is known for its quiet suburban atmosphere and great access to amenities. Local companies include Advance Auto Parts, Dollar General, and Papa John's Pizza. Establishments like The Jump Yard trampoline park offer hours of family fun in this cozy town. Other local attractions include the Fairdale Swimming Pool and Bike Trail that runs along the border of the neighborhood offering scenic views and plenty of open space to enjoy outdoor activities. With affordable two bedroom rent at $1120 per month and an overall low cost of living due to the Grocery Cost Index being 94 compared to 100 in the US it is easy to see why Fairdale has become a popular spot for families looking for a peaceful place to call home.

Fairdale (zip 40118) has an unemployment rate of 5.0%. The US average is 6.0%.

Fairdale (zip 40118) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 38.3%, which is higher than the US average of 33.5%.

Tax Rates for Fairdale (zip 40118)
- The Sales Tax Rate for Fairdale (zip 40118) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fairdale (zip 40118) is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Fairdale (zip 40118)
- The average income of a Fairdale (zip 40118) resident is $19,627 a year. The US average is $28,555 a year.
- The Median household income of a Fairdale (zip 40118) resident is $53,779 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairdale, KentuckyUnited States
  56
  -5.3%-6.2%
  38.3%33.5%
  6.0%6.2%
  7.2%4.6%
  $26,059$37,638
  $53,779$69,021
  $62,103$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  11.8%6.8%
  12.9%10.0%
  2.6%2.5%
  10.0%11.0%
  16.8%4.8%
  1.5%0.8%
  0.9%1.9%
  2.7%4.7%
  1.0%1.9%
  1.0%7.6%
  0.0%0.1%
  4.1%4.2%
  7.5%9.3%
  14.6%14.0%
  1.5%2.1%
  4.6%7.0%
  4.5%4.8%
  1.9%4.7%
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