Morehead, KY 40351

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 3220 5190 $11,102 $1,100
(4.35% of returns)
$1,718
(3.42% of returns)
$4,325
$25,000 to $50,000 1900 3800 $27,715 $2,108
(6.32% of returns)
$5,776
(17.89% of returns)
$4,166
$50,000 to $75,000 1110 2620 $37,843 $2,141
(10.81% of returns)
$13,550
(23.42% of returns)
$4,595
$75,000 to $100,000 600 1570 $47,841 $3,163
(18.33% of returns)
$20,620
(25% of returns)
$5,718
$100,000 to $200,000 720 1970 $71,128 $4,933
(25% of returns)
$22,477
(25% of returns)
$6,204
Over $200,000 150 390 $177,510 $11,733
(60% of returns)
$25,200
(26.67% of returns)
$7,960
For Zip 7700 15540 $35,070

`

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