Farley, KY Economy


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Farley, KY is a small town located in Kentucky. It has a population of around 2,000 people and is known for its friendly atmosphere and small-town charm. The average 2 bedroom rent in Farley is $900, which is much lower than the US average of $1430. Additionally, the grocery cost index in Farley is 91 compared to the US index of 100, making it a great place to save money on groceries. \nSome local companies include Hillside Farms Dairy and Miller Produce. Popular attractions in Farley include the Hatfield & McCoy Dinner Show Theatre and the Big South Fork National River & Recreation Area. With its laidback atmosphere and affordable living costs, Farley makes for an ideal place to call home.

Farley has an unemployment rate of 5.8%. The US average is 6.0%.

Farley has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.

Tax Rates for Farley
- The Sales Tax Rate for Farley is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Farley 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 Farley
- The average income of a Farley resident is $18,140 a year. The US average is $28,555 a year.
- The Median household income of a Farley resident is $42,165 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFarley, KentuckyUnited States
  5.86
  -5.1%-6.2%
  26.7%33.5%
  6.0%6.2%
  6.0%4.6%
  $21,099$37,638
  $42,165$69,021
  $54,688$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  7.9%6.8%
  12.0%10.0%
  1.3%2.5%
  14.1%11.0%
  2.3%4.8%
  0.0%0.8%
  0.9%1.9%
  2.7%4.7%
  1.8%1.9%
  2.8%7.6%
  0.0%0.1%
  4.8%4.2%
  5.2%9.3%
  13.5%14.0%
  2.1%2.1%
  17.1%7.0%
  7.5%4.8%
  2.9%4.7%
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