Carrollton, KY is a small town located in the northern part of Kentucky. The average two-bedroom rent in Carrollton is $640, which is significantly lower than the national average of $1,430. In terms of grocery costs, Carrollton residents enjoy an index of 97 compared to 100 nationally. This makes the cost of living significantly more affordable for those who live in Carrollton. Several local businesses make up the town's economy including Little Acres Farms, Silver Fox Antiques & Gifts, and Russell’s Grocery & Barbecue. All in all, Carrollton provides a much more affordable option for those looking to settle down and live in Kentucky.
Carrollton has an unemployment rate of 4.8%. The US average is 6.0%.
Carrollton has seen the job market increase by 3.7% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Carrollton
- The Sales Tax Rate for Carrollton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Carrollton 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 Carrollton
- The average income of a Carrollton resident is $17,270 a year. The US average is $28,555 a year.
- The Median household income of a Carrollton resident is $43,555 a year. The US average is $69,021 a year.