Mayfield, KY is a vibrant city located in western Kentucky. It offers a variety of attractions, from Mammoth Cave National Park to the local shopping mall. The community also has a range of places to eat and shop such as Chili's Bar & Grill and Mayfield Mall. Rent for a two bedroom apartment is much more affordable than the national average, coming in at $750 per month. It is also cheaper to grocery shop in Mayfield, KY with the Grocery Cost Index at 91 compared to 100 nationally. With its many local businesses and attractions, Mayfield is an ideal place for anyone looking for affordability and convenience.
Mayfield has an unemployment rate of 4.9%. The US average is 6.0%.
Mayfield has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Mayfield
- The Sales Tax Rate for Mayfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mayfield is 8.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mayfield
- The average income of a Mayfield resident is $16,412 a year. The US average is $28,555 a year.
- The Median household income of a Mayfield resident is $37,212 a year. The US average is $69,021 a year.