Sacramento, KY Economy


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Sacramento, KY is a small town located in the state of Kentucky. It has a population of around 500 people and offers affordable housing options. The average 2 bedroom rent is only $760, compared to the US average of $1,430 making it an attractive option for those looking for housing affordability. The Grocery Cost Index in Sacramento is also favorable compared to the national average at 91 versus 100 in the US.
The town's local economy is driven by agriculture, which provides employment opportunities for its citizens. Local companies such as McPherson Farms and Robards Dairy serve the surrounding area with quality products sourced from their farms. For entertainment there are plenty of outdoor activities such as fishing, hiking, camping and hunting that bring visitors to the area throughout the year. There are also several festivals held throughout the year including the Apple Jack Festival and Summerlife Fest that celebrate local culture and heritage.

Sacramento has an unemployment rate of 4.5%. The US average is 6.0%.

Sacramento has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.

Tax Rates for Sacramento
- The Sales Tax Rate for Sacramento is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sacramento is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Sacramento
- The average income of a Sacramento resident is $16,275 a year. The US average is $28,555 a year.
- The Median household income of a Sacramento resident is $30,714 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySacramento, KentuckyUnited States
  4.56
  -4.8%-6.2%
  33.0%33.5%
  6.0%6.2%
  6.0%4.6%
  $17,346$37,638
  $30,714$69,021
  $45,833$85,028
  Population by Occupation
  2.4%1.2%
  0.0%0.5%
  8.9%6.8%
  13.0%10.0%
  1.6%2.5%
  31.7%11.0%
  3.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  1.6%7.6%
  0.0%0.1%
  0.0%4.2%
  16.3%9.3%
  17.9%14.0%
  0.0%2.1%
  0.0%7.0%
  1.6%4.8%
  1.6%4.7%
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