Scott County, Kentucky is an attractive place to live due to its affordability. The average two bedroom rent in Scott County is just $1,030 per month whereas the national average two-bedroom rent is $1,430. The Grocery Cost Index in the county is also lower than the national average at 98 compared to 100; this difference demonstrates considerable savings for local residents. Besides being affordable, Scott County has a variety of different businesses that contribute to its overall economy. Local companies include Brown & Williamson Tobacco Corporation, KFC Yum! Center, and GE Appliances. All of these businesses provide jobs and goods to locals as well as visitors from outside the area. Therefore, Scott County proves itself to be a desirable location for living due to its affordability and local business community.
Scott County has an unemployment rate of 4.0%. The US average is 6.0%.
Scott County has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 41.2%, which is higher than the US average of 33.5%.
Tax Rates for Scott County
- The Sales Tax Rate for Scott County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Scott County is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Scott County
- The average income of a Scott County resident is $34,912 a year. The US average is $37,638 a year.
- The Median household income of a Scott County resident is $73,113 a year. The US average is $69,021 a year.