Middlesborough, KY is an affordable place to live with a 2 bedroom rent costing $630 compared to the US average of $1,430. Groceries are also relatively cheaper in Middlesborough as the grocery cost index is 94 compared to 100 in the US. Residents of Middlesborough have access to a variety of amenities including local companies such as Ace Hardware, Pizza Hut and Main Street City Market, as well as attractions like the Kentucky Music Hall of Fame and Museum and Cumberland Falls State Resort Park. With its lower costs of living and abundance of attractions, Middlesborough is a great place to call home.
Middlesborough has an unemployment rate of 5.9%. The US average is 6.0%.
Middlesborough has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Middlesborough
- The Sales Tax Rate for Middlesborough is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Middlesborough is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Middlesborough
- The average income of a Middlesborough resident is $14,578 a year. The US average is $28,555 a year.
- The Median household income of a Middlesborough resident is $28,734 a year. The US average is $69,021 a year.