equestId":"f29b1d25-fbce-459b-9400-fd23918fe092","resource":"content","data":[{"id":"txt_5983e2f59717466e8c6ff31a72201706","text":", and compare the cost of living in Frankfort with the cost of living in the US\n \nFrankfort, KY 40601 is a city located in the state of Kentucky with an estimated population of 28,000. Rent for a 2 bedroom apartment in Frankfort is approximately $950, while rent for a similar sized place in America is $1,430. Additionally, according to Grocery Cost Index, items are 5% cheaper in Frankfort than in the US. Companies found within the city limits include Franklin County Public Schools District Office, Kentucky State University, Capital City Museum and Adair & Associates Architects. Compared to other areas of America, Frankfort has a much lower cost of living due to its lower rental prices and slightly discounted grocery costs.
Frankfort (zip 40601) has an unemployment rate of 5.3%. The US average is 6.0%.
Frankfort (zip 40601) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.
Tax Rates for Frankfort (zip 40601)
- The Sales Tax Rate for Frankfort (zip 40601) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Frankfort (zip 40601) is 8.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Frankfort (zip 40601)
- The average income of a Frankfort (zip 40601) resident is $34,385 a year. The US average is $37,638 a year.
- The Median household income of a Frankfort (zip 40601) resident is $59,667 a year. The US average is $69,021 a year.