Falmouth, KY 41040

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1190 2050 $10,695 $1,360
(4.2% of returns)
$1,520
(4.2% of returns)
$0
$25,000 to $50,000 800 1550 $28,244 $2,171
(8.75% of returns)
$5,475
(20% of returns)
$4,828
$50,000 to $75,000 480 1100 $37,987 $2,340
(10.42% of returns)
$13,588
(18.75% of returns)
$4,440
$75,000 to $100,000 290 780 $47,170 $4,400
(13.79% of returns)
$17,300
(20.69% of returns)
$5,363
$100,000 to $200,000 230 620 $70,400 $14,985
(30.43% of returns)
$20,525
(17.39% of returns)
$5,341
Over $200,000 30 40 $222,625 $0
(0% of returns)
$0
(0% of returns)
$0
For Zip 3020 6140 $32,764

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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