Augusta, KY is a small town located in Bracken County with an estimated population of 500. It is known for its friendly atmosphere and close proximity to larger cities such as Cincinnati and Lexington. The town offers reasonably priced housing with two bedroom rent averaging $870 per month compared to the US rate of $1,430. Grocery costs are also lower in Augusta at a cost index of 96 versus 100 in the US. Local businesses in Augusta include K&K Hardware, Main Street BBQ, Blue Lick Dairy Market and Sugar Hill Bakery & Cafe. Utility costs in Augusta are slightly below average with electricity costing an average of $88 per month and natural gas costing approximately $44 per month.
Augusta has an unemployment rate of 5.4%. The US average is 6.0%.
Augusta has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.
Tax Rates for Augusta
- The Sales Tax Rate for Augusta is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Augusta 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 Augusta
- The average income of a Augusta resident is $19,865 a year. The US average is $28,555 a year.
- The Median household income of a Augusta resident is $48,224 a year. The US average is $69,021 a year.