Calhoun, KY is a small town with a population of about 900 people. It is located in the western part of Kentucky and offers some great opportunities to those that choose to live there. The average two-bedroom rent in Calhoun is $840, which is significantly lower than the US average two-bedroom rent of $1,430. Additionally, the Grocery Cost Index in Calhoun is 92 compared to 100 in the US, making groceries more affordable for residents.
Calhoun also has some great local companies like the Calhoun Store and Deli, T&T Auto Sales, and Ashby’s Lock & Key Security. The Calhoun Store and Deli has a wide selection of fresh groceries while T&T Auto Sales offers quality used cars from some of the biggest names in the auto industry. Lastly, Ashby’s Lock & Key Security provides locksmith services as well as home security system installation. All these businesses are great additions to this small community and make it an even more attractive place to call home.
Calhoun has an unemployment rate of 4.5%. The US average is 6.0%.
Calhoun has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.
Tax Rates for Calhoun
- The Sales Tax Rate for Calhoun is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Calhoun 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 Calhoun
- The average income of a Calhoun resident is $19,236 a year. The US average is $28,555 a year.
- The Median household income of a Calhoun resident is $43,750 a year. The US average is $69,021 a year.