Morgantown, KY 42261

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1580 2720 $10,652 $1,237
(5.06% of returns)
$1,714
(4.43% of returns)
$0
$25,000 to $50,000 1100 2470 $25,877 $1,987
(7.27% of returns)
$5,610
(18.18% of returns)
$3,800
$50,000 to $75,000 590 1580 $35,239 $1,666
(10.17% of returns)
$12,358
(20.34% of returns)
$4,410
$75,000 to $100,000 340 970 $47,110 $1,920
(14.71% of returns)
$17,450
(17.65% of returns)
$5,215
$100,000 to $200,000 320 940 $69,098 $4,657
(21.88% of returns)
$21,866
(18.75% of returns)
$5,389
Over $200,000 30 80 $141,450 $0
(0% of returns)
$0
(0% of returns)
$0
For Zip 3960 8760 $30,594

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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