Central City, KY is a small city located in Muhlenberg County that offers plenty of opportunity for its residents. With a cost of living that is much more affordable than the US average, Central City is an attractive place to live. The median 2 Bedroom rent is only $790, while the US median is $1,430 – making it much more affordable to live here. Additionally, grocery costs are very low with an index number of 92 compared to the national average of 100.
The city also provides access to many local companies and attractions. Some of these include the Kentucky Utilities Company, the Tennessee Valley Authority, and the Green River Area Development District. There are also several museums and historical sites such as the Battle of Sacramento Confederate Monument and the Muhlenberg County Museum. Residents can also enjoy outdoor activities at nearby lakes such as Tanyard Lake and Draffenville Lake. With plenty of opportunity for work and leisure activities, Central City, KY has something for everyone.
Central City has an unemployment rate of 6.9%. The US average is 6.0%.
Central City has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Central City
- The Sales Tax Rate for Central City is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Central City 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 Central City
- The average income of a Central City resident is $16,056 a year. The US average is $28,555 a year.
- The Median household income of a Central City resident is $56,316 a year. The US average is $69,021 a year.