Gamaliel, KY is a small town located in the southern part of Kentucky. With a population of just over 1,000 people, it offers many advantages such as low rent prices and affordable grocery costs. The average two bedroom rent is $750, while the US 2 Bedroom Rent is nearly double that at $1,430. The Grocery Cost Index for Gamaliel is 92 versus the national average of 100.
The town of Gamaliel offers a variety of local businesses to enjoy such as Jims Home Cooking Restaurant, Tompkins Lumber Yard, and Gamaliel Pharmacy. There are also numerous outdoor activities to explore like camping at Abraham Lincoln Lake or hiking trails at Barren River State Park. Other attractions include Green River Museum & Education Center and Mammoth Cave National Park. With its rural environment and access to nature activities, Gamaliel provides plenty of opportunity for relaxation and exploration.
Gamaliel has an unemployment rate of 4.3%. The US average is 6.0%.
Gamaliel has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.
Tax Rates for Gamaliel
- The Sales Tax Rate for Gamaliel is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gamaliel is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Gamaliel
- The average income of a Gamaliel resident is $16,243 a year. The US average is $28,555 a year.
- The Median household income of a Gamaliel resident is $30,729 a year. The US average is $69,021 a year.