Fincastle, KY is a small town located in southern Kentucky. It has a population of about 2,000 people. Although its cost of living is slightly higher than the national average, rent for two bedroom apartments is slightly lower than the US average. Fincastle's grocery cost index is also higher than the US average by two points. Local businesses in Fincastle include The Barrell House Restaurant, Lee’s Country Store, and Ruby Design Jewelry and Gifts. Despite its size, the town offers plenty of activities to local residents including hiking trails at Breaks Interstate Park, horseback riding stables, and an outdoor amphitheater. Fincastle is a great place to live for those looking for a quiet town with lots to do outdoors.
Fincastle has an unemployment rate of 5.0%. The US average is 6.0%.
Fincastle has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 38.3%, which is higher than the US average of 33.5%.
Tax Rates for Fincastle
- The Sales Tax Rate for Fincastle is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fincastle 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 Fincastle
- The average income of a Fincastle resident is $29,224 a year. The US average is $28,555 a year.
- The Median household income of a Fincastle resident is $78,462 a year. The US average is $69,021 a year.