Fancy Farm, KY is a small town located in the heart of Kentucky. It is known for its rural charm and close ties to nature. The town offers affordable living with two bedroom rent costing only $750 compared to the US average of $1,430. Groceries are also much more affordable in Fancy Farm as the local grocery cost index is 91 compared to the national average of 100. \nThe town is home to many local businesses such as Fancy Farm Produce which sells organic and locally grown food items at great prices. Other attractions include Papa's Antiques which houses unique and vintage finds, plus several parks with biking and walking trails for visitors to enjoy. Fancy Farm also has plenty of amenities such as a post office, library, schools, banks, churches and various restaurants catering to different tastes. All in all, Fancy Farm is an ideal place for those looking for an affordable yet quaint hometown atmosphere.
Fancy Farm has an unemployment rate of 4.9%. The US average is 6.0%.
Fancy Farm has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Fancy Farm
- The Sales Tax Rate for Fancy Farm is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fancy Farm 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 Fancy Farm
- The average income of a Fancy Farm resident is $15,162 a year. The US average is $28,555 a year.
- The Median household income of a Fancy Farm resident is $36,042 a year. The US average is $69,021 a year.