Camargo, KY is a small rural town located in Kentucky. It is known for its beautiful scenery and laid-back atmosphere. The cost of living here is low compared to the US average due to lower housing prices. According to recent data, 2 bedroom rent in Camargo is $830 which is much lower than the overall US average of $1,430. Additionally, grocery costs are also low with an index of 96 against the national average of 100. Despite its small size and rural setting, there are plenty of amenities available in Camargo such as shops and restaurants. Local companies include Blackstone Automotive Group and White & Associates LLC which provide services such as auto repairs and accounting services respectively. The real estate market in Camargo offers affordable housing options along with scenic views for buyers looking for a peaceful country life.
Camargo has an unemployment rate of 6.0%. The US average is 6.0%.
Camargo has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Camargo
- The Sales Tax Rate for Camargo is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Camargo is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Camargo
- The average income of a Camargo resident is $15,322 a year. The US average is $28,555 a year.
- The Median household income of a Camargo resident is $39,013 a year. The US average is $69,021 a year.