41650 Melvin, Kentucky is a small village located in the mountains of Eastern Kentucky. The median two bedroom rent in this area is $590, which is significantly less than the national rate of $1,430. The cost of living in 41650 Melvin is also much lower than the national average with a grocery cost index of 94 versus 100 nationally. Local businesses here are mainly comprised of gas stations, general stores, restaurants and antique shops. Popular destinations include Burdine's Country Store for handmade country d茅cor and The Apple House for fresh produce and local specialties. There are also wineries nearby to explore such as Red Bird Vineyards and Shelton Vineyards for wine tastings and tours.
Melvin (zip 41650) has an unemployment rate of 7.5%. The US average is 6.0%.
Melvin (zip 41650) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 18.6%, which is lower than the US average of 33.5%.
Tax Rates for Melvin (zip 41650)
- The Sales Tax Rate for Melvin (zip 41650) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Melvin (zip 41650) is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Melvin (zip 41650)
- The average income of a Melvin (zip 41650) resident is $12,614 a year. The US average is $37,638 a year.
- The Median household income of a Melvin (zip 41650) resident is $19,022 a year. The US average is $69,021 a year.