Dry Ridge, KY Economy


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Dry Ridge, KY is a small city located in Grant County, Kentucky. It is a relatively affordable area with an average two-bedroom rent of $950 compared to the US average of $1,430. Dry Ridge has plenty of local businesses and amenities to choose from. Some local companies include JP Morgan Chase Bank, CVS Pharmacy, Kentucky Fried Chicken, and Walmart Supercenter. Residents also enjoy nearby amenities such as gas stations, banks, restaurants, churches and public parks. Dry Ridge also has plenty of outdoor activities available including fishing, hunting and hiking.

Dry Ridge has an unemployment rate of 5.0%. The US average is 6.0%.

Dry Ridge has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 38.4%, which is higher than the US average of 33.5%.

Tax Rates for Dry Ridge
- The Sales Tax Rate for Dry Ridge is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Dry Ridge is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Dry Ridge
- The average income of a Dry Ridge resident is $16,682 a year. The US average is $28,555 a year.
- The Median household income of a Dry Ridge resident is $32,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDry Ridge, KentuckyUnited States
  56
  -5.1%-6.2%
  38.4%33.5%
  6.0%6.2%
  5.5%4.6%
  $19,735$37,638
  $32,813$69,021
  $47,014$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.5%6.8%
  19.1%10.0%
  4.1%2.5%
  7.6%11.0%
  13.7%4.8%
  0.4%0.8%
  3.6%1.9%
  2.8%4.7%
  0.0%1.9%
  2.3%7.6%
  0.0%0.1%
  1.6%4.2%
  5.7%9.3%
  1.9%14.0%
  4.0%2.1%
  16.1%7.0%
  4.3%4.8%
  0.4%4.7%
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