Executive Financial Report: Tompkinsville (42167)
Evaluating relocation options in Monroe? The financial benchmark for residing in Tompkinsville, KY (42167) indicates that a single worker needs roughly $2,890 monthly ($34,685.681 annually) to maintain an adequate standard of living.
With typical rent and housing utilities averaging an affordable $475 per month—just 16% of baseline expenses—Tompkinsville offers exceptionally competitive housing costs compared to wider metropolitan averages across Kentucky.
Local earnings in Tompkinsville (42167) demonstrate strong purchasing power. The area median family income of $54,118 significantly exceeds the annual baseline living threshold ($34,685.681) by a ratio of 1.56x. This economic buffer allows local households to comfortably absorb inflationary spikes and build long-term wealth.
Tax obligations represent roughly 16% ($474/month) of baseline monthly spending in zip code 42167. State and federal tax obligations form a consistent component of monthly financial planning. Meanwhile, essential groceries average $238 monthly for single adults.
In summary, living in Tompkinsville, KY requires balancing local real estate conditions with prevailing regional wage structures. Use the interactive calculator below to adjust these benchmarks for multi-person family households or compare 42167 against other US destinations.