Cadiz, KY Economy


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Cadiz, KY is a small town with a population of approximately 3,000 people. It offers affordable living costs with a two-bedroom rental rate of $820 per month. The grocery cost index in Cadiz is 95 compared to the national average of 100. Local companies in the area include George’s Hardware, Reisinger’s Bakery and Café, and J&J Chevrolet Buick GMC Cadillac. These local businesses provide the community with essential goods and services. Families can also find various amenities such as walking trails and parks in the town offering activities like basketball courts, bike trails, disc golf course, playgrounds, fishing ponds and more.

Cadiz has an unemployment rate of 5.5%. The US average is 6.0%.

Cadiz 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 32.4%, which is lower than the US average of 33.5%.

Tax Rates for Cadiz
- The Sales Tax Rate for Cadiz is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cadiz 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 Cadiz
- The average income of a Cadiz resident is $19,750 a year. The US average is $28,555 a year.
- The Median household income of a Cadiz resident is $37,805 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCadiz, KentuckyUnited States
  5.56
  -1.8%-6.2%
  32.4%33.5%
  6.0%6.2%
  6.5%4.6%
  $26,018$37,638
  $37,805$69,021
  $48,511$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  5.1%6.8%
  12.5%10.0%
  0.5%2.5%
  10.8%11.0%
  6.1%4.8%
  3.3%0.8%
  0.0%1.9%
  1.0%4.7%
  0.7%1.9%
  1.0%7.6%
  0.0%0.1%
  3.3%4.2%
  6.4%9.3%
  15.2%14.0%
  0.2%2.1%
  10.4%7.0%
  15.1%4.8%
  7.6%4.7%
Reviews for Cadiz
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Cadiz is a quaint town with lots of charm. It is a close knit community where people enjoy nature and the small town atmosphere. It's within 25 miles of Murray and  More

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