Glasgow, KY (zip 42141) is an economical place to live, with two bedroom rent prices being $730 compared to the US average of $1,430. Additionally, grocery costs in Glasgow are much lower than elsewhere in the United States with a Grocery Cost Index of 95 versus 100 across the country. Major businesses that call Glasgow home include long-standing manufacturing powerhouse Hoskins Manufacturing Company as well as National Tobacco Company and Firstgear Motorcycle Apparel. In fact, Glasgow is home to more than 700 businesses! The city prides itself on being a hub for industry and agriculture and offers plentiful job opportunities for local residents.
Glasgow (zip 42141) has an unemployment rate of 5.7%. The US average is 6.0%.
Glasgow (zip 42141) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.
Tax Rates for Glasgow (zip 42141)
- The Sales Tax Rate for Glasgow (zip 42141) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Glasgow (zip 42141) is 7.3%. The US average is 4.6%.
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Income and Salaries for Glasgow (zip 42141)
- The average income of a Glasgow (zip 42141) resident is $25,358 a year. The US average is $37,638 a year.
- The Median household income of a Glasgow (zip 42141) resident is $45,795 a year. The US average is $69,021 a year.