Dunmor, KY is an affordable place to live, especially for those looking to rent a two bedroom apartment. Currently, the average rent for a two bedroom in Dunmor is $850, which is significantly less than the national average of $1,430. Additionally, grocery cost index in Dunmor comes in at 92 compared to 100 on the US average. This indicates that groceries are more affordable in Dunmor than most other places in the US. Local companies that make life here more enjoyable include Dobbs Trade Center, a family owned business that offers hardware and farm supplies; Bluegrass Plastics LLC which offers various injection molding services; and B&R Poultry Farms which produces high quality eggs for sale. All of these businesses contribute to making Dunmor an attractive place to live with plenty of local amenities.
Dunmor has an unemployment rate of 6.9%. The US average is 6.0%.
Dunmor has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Dunmor
- The Sales Tax Rate for Dunmor is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Dunmor is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Dunmor
- The average income of a Dunmor resident is $12,364 a year. The US average is $28,555 a year.
- The Median household income of a Dunmor resident is $51,103 a year. The US average is $69,021 a year.