Salem, KY 42078

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 250 450 $9,850 $1,250
(8% of returns)
$1,550
(8% of returns)
$0
$25,000 to $50,000 170 300 $25,408 $966
(17.65% of returns)
$6,380
(29.41% of returns)
$0
$50,000 to $75,000 130 260 $40,615 $0
(0% of returns)
$14,850
(15.38% of returns)
$3,720
$75,000 to $100,000 70 170 $49,125 $2,500
(42.86% of returns)
$19,333
(42.86% of returns)
$6,300
$100,000 to $200,000 60 170 $72,616 $0
(0% of returns)
$0
(0% of returns)
$4,500
For Zip 680 1350 $31,894

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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