Zip 40342 (Lawrenceburg, KY) Economy


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40342 Lawrenceburg, KY is a relatively small city located in the state of Kentucky. It has a population of about 8,000 people and is known for its friendly atmosphere and strong sense of community. The cost of living in 40342 Lawrenceburg, KY is fairly low compared to other cities in the US. On average, 2 bedroom rentals cost $870 - significantly lower than the US average of $1,430. Grocery costs also tend to be cheaper in 40342 Lawrenceburg with an index score of 96 versus 100 in the US.
When it comes to local businesses, 40342 Lawrenceburg offers a few different options for residents. Shoppers can choose from a variety of stores including Walmart Supercenter, Kroger Marketplace and Dollar General. Food enthusiasts can explore several local restaurants like Pizza Hut, El Mariachi Mexican Restaurant and China Express. There are also plenty of services available such as medical offices, salons and auto repair shops like Quality Auto Care Center. Regardless of what you’re looking for, 40342 Lawrenceburg has something for everyone!

Lawrenceburg (zip 40342) has an unemployment rate of 4.6%. The US average is 6.0%.

Lawrenceburg (zip 40342) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.

Tax Rates for Lawrenceburg (zip 40342)
- The Sales Tax Rate for Lawrenceburg (zip 40342) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lawrenceburg (zip 40342) 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 Lawrenceburg (zip 40342)
- The average income of a Lawrenceburg (zip 40342) resident is $23,619 a year. The US average is $28,555 a year.
- The Median household income of a Lawrenceburg (zip 40342) resident is $60,028 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLawrenceburg, KentuckyUnited States
  4.66
  -4.9%-6.2%
  33.8%33.5%
  6.0%6.2%
  5.0%4.6%
  $30,206$37,638
  $60,028$69,021
  $78,820$85,028
  Population by Occupation
  1.9%1.2%
  0.1%0.5%
  6.2%6.8%
  15.0%10.0%
  0.8%2.5%
  10.5%11.0%
  3.0%4.8%
  1.9%0.8%
  1.8%1.9%
  3.2%4.7%
  1.7%1.9%
  3.5%7.6%
  0.0%0.1%
  2.1%4.2%
  9.9%9.3%
  14.3%14.0%
  1.2%2.1%
  4.1%7.0%
  7.2%4.8%
  11.5%4.7%
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