Elizabethtown, KY is an ideal place for families to call home. It is much more affordable than other parts of the country, with a two bedroom rent being only $960 compared to the US average of $1,430. This lower cost of living is also echoed in the grocery cost index which is 97 compared to 100 in the US. Additionally, Elizabethtown offers plenty of entertainment and local businesses to explore. Notable attractions include Historic State Theater, Towne Mall, and Freeman Lake Park. Popular local companies include United Parcel Service (UPS), Fruit of the Loom, and Hardin Memorial Hospital. All in all, Elizabethtown provides a wonderful quality of life for its inhabitants at an affordable price.
Elizabethtown has an unemployment rate of 4.2%. The US average is 6.0%.
Elizabethtown has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.
Tax Rates for Elizabethtown
- The Sales Tax Rate for Elizabethtown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Elizabethtown is 7.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elizabethtown
- The average income of a Elizabethtown resident is $25,926 a year. The US average is $28,555 a year.
- The Median household income of a Elizabethtown resident is $51,875 a year. The US average is $69,021 a year.