Booneville, KY is a small city located in the state of Kentucky. It offers plenty of advantages to its residents, including affordable housing. The average rent for a two-bedroom apartment in Booneville is $660, which is significantly lower than the U.S national average of $1,430. Additionally, Booneville has a low grocery cost index of 92 compared to the national average of 100.
The city has plenty to offer in terms of local businesses and attractions. There are several popular restaurants such as Marcella’s Italian Restaurant, Red Rooster Deli & Pizza and The Brown Bag Café. Other local businesses include Fox Valley Auto Parts, Creative Designs Boutique and Tumbling Creek Nursery & Landscaping Co. In terms of attractions there are many options to choose from such as Lazy Days Winery, the historic Beech Grove Cemetery or the Jesse Stuart Nature Preserve.
Booneville has an unemployment rate of 7.8%. The US average is 6.0%.
Booneville has seen the job market increase by 4.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Booneville
- The Sales Tax Rate for Booneville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Booneville is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Booneville
- The average income of a Booneville resident is $19,800 a year. The US average is $28,555 a year.
- The Median household income of a Booneville resident is $34,688 a year. The US average is $69,021 a year.