Kentucky, KS Economy


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Kentucky, KS is an affordable town for many people who are looking to settle down. The average 2 bedroom rent in Kentucky, KS is only $1,040 compared to the US average of $1,430, making it a great value for residents. Additionally, the Grocery Cost Index in Kentucky is 96 compared to 100 in the US which indicates that groceries will be cheaper than the national average as well.
The town of Kentucky offers plenty of activities for its residents year-round. Everything from shopping and dining to outdoor activities like hiking and fishing can be enjoyed by locals. There are several local businesses such as The Coal Mine Bistro and Grill and Aruba Trading Company that offer delicious meals or unique souvenirs respectively. Kentucky is also home to some beautiful parks such as Five Mile Park where families can spend quality time together outdoors.

Kentucky has an unemployment rate of 3.4%. The US average is 6.0%.

Kentucky has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.

Tax Rates for Kentucky
- The Sales Tax Rate for Kentucky is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Kentucky is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Kentucky
- The average income of a Kentucky resident is $27,914 a year. The US average is $28,555 a year.
- The Median household income of a Kentucky resident is $73,939 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKentucky, KansasUnited States
  3.46
  -1.8%-6.2%
  23.9%33.5%
  7.5%6.2%
  5.7%4.6%
  $34,386$37,638
  $73,939$69,021
  $81,389$85,028
  Population by Occupation
  0.4%1.2%
  0.4%0.5%
  9.6%6.8%
  4.7%10.0%
  3.6%2.5%
  12.5%11.0%
  2.9%4.8%
  7.5%0.8%
  0.6%1.9%
  5.7%4.7%
  0.6%1.9%
  5.3%7.6%
  0.0%0.1%
  1.6%4.2%
  12.0%9.3%
  17.3%14.0%
  0.4%2.1%
  2.4%7.0%
  6.2%4.8%
  6.5%4.7%
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