41553 Phelps, KY is a small town located in the mountainous area of Kentucky. The average rent for a two bedroom apartment in this area is $620 – significantly less than the national US average of $1,430. This cost of living advantage extends to groceries as well, with the grocery cost index in Phelps being 96 compared to 100 nationally. For those looking for an affordable place to live and shop for groceries, 41553 Phelps, KY is an excellent choice. Two bedroom apartments are offered by local companies including Big Bear Properties Inc., Hatfield Properties LLC and Pritchard Rentals LLC. Each company offers a variety of two bedroom units with competitive rental rates.
Phelps (zip 41553) has an unemployment rate of 7.0%. The US average is 6.0%.
Phelps (zip 41553) has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Phelps (zip 41553)
- The Sales Tax Rate for Phelps (zip 41553) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Phelps (zip 41553) is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing ºÚÁÏÉçÇø.
Income and Salaries for Phelps (zip 41553)
- The average income of a Phelps (zip 41553) resident is $15,075 a year. The US average is $37,638 a year.
- The Median household income of a Phelps (zip 41553) resident is $41,397 a year. The US average is $69,021 a year.