Louisville, KY 40216 is a great place for anyone looking for a new home. The average 2 bedroom rent in the area is $930, which is considerably lower than the national average of $1,430. Not only that, but grocery cost index is also lower in the area at 94 versus 100 in the US. This makes Louisville 40216 an affordable and attractive living option. Local companies such as Yum! Brands Inc., Brown-Forman Corporation, Humana Inc., and Papa John's International Inc. are major employers in the city providing ample job opportunities to local residents.
Louisville (zip 40216) has an unemployment rate of 5.0%. The US average is 6.0%.
Louisville (zip 40216) has seen the job market decrease by -5.3% 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 Louisville (zip 40216)
- The Sales Tax Rate for Louisville (zip 40216) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Louisville (zip 40216) is 8.0%. The US average is 4.6%.
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Income and Salaries for Louisville (zip 40216)
- The average income of a Louisville (zip 40216) resident is $23,693 a year. The US average is $37,638 a year.
- The Median household income of a Louisville (zip 40216) resident is $47,575 a year. The US average is $69,021 a year.