Midway, KY 40347

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 430 630 $10,530 $975
(9.3% of returns)
$0
(0% of returns)
$0
$25,000 to $50,000 320 620 $29,726 $4,000
(12.5% of returns)
$5,788
(28.12% of returns)
$5,816
$50,000 to $75,000 190 400 $39,310 $3,416
(31.58% of returns)
$14,433
(31.58% of returns)
$4,671
$75,000 to $100,000 110 270 $54,850 $12,800
(27.27% of returns)
$20,333
(27.27% of returns)
$5,280
$100,000 to $200,000 250 660 $72,329 $5,388
(36% of returns)
$21,925
(32% of returns)
$7,747
Over $200,000 90 250 $238,912 $17,666
(66.67% of returns)
$0
(0% of returns)
$12,966
For Zip 1390 2830 $55,340

`

Income Tax Rates

Rate Minimum Income Maximum Income
0.02 0 3000
0.03 3000 4000
0.04 4000 5000
0.05 5000 8000
0.058 8000 75000
0.06 75000 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0082 32

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.06 0.0000 0.0600 38