Gray, KY — income, home value, property tax, and sales tax.
ZIP code 40995, centered on Gray, sits in working-class territory. A median household income of $36,188 and per-capita income of $14,893 both fall well below statewide norms, signaling tight household budgets across this area. The county-level property tax rate of 0.66% is on the gentler side, so owners here don't face steep annual bills relative to their home's assessed value. Sales tax comes to 6.00% on purchases, a cost that hits harder when earnings are limited. Together these figures describe a community where wages stay low and everyday expenses, including the sales tax, take a noticeable bite out of what families bring in.