Goshen, KY Economy


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Goshen, KY is a small town located in Oldham County. It offers its residents a peaceful lifestyle with an array of local amenities and attractions. While the 2 bedroom rent may be slightly higher than the US average ($1,580 vs $1,430), the cost of groceries is actually lower as indicated by the Grocery Cost Index (102 in Goshen versus 100 nationally). The town has numerous businesses that support the local economy including El Rio Mexican Restaurant, Hair Masters Beauty Salon & Spa, and Oldham County Veterinary Clinic. All in all, Goshen is an excellent place to live given its low cost of living and abundance of employment opportunities.

Goshen has an unemployment rate of 3.8%. The US average is 6.0%.

Goshen 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 41.0%, which is higher than the US average of 33.5%.

Tax Rates for Goshen
- The Sales Tax Rate for Goshen is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Goshen 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 Goshen
- The average income of a Goshen resident is $29,560 a year. The US average is $28,555 a year.
- The Median household income of a Goshen resident is $86,989 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGoshen, KentuckyUnited States
  3.86
  -5.1%-6.2%
  41.0%33.5%
  6.0%6.2%
  5.0%4.6%
  $37,620$37,638
  $86,989$69,021
  $96,719$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.7%6.8%
  16.3%10.0%
  0.7%2.5%
  8.9%11.0%
  6.7%4.8%
  1.1%0.8%
  3.2%1.9%
  6.1%4.7%
  1.8%1.9%
  7.7%7.6%
  0.5%0.1%
  1.4%4.2%
  13.8%9.3%
  11.9%14.0%
  1.2%2.1%
  7.0%7.0%
  3.5%4.8%
  1.6%4.7%
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