Hickman, Kentucky is a small rural town located in Fulton County with various local businesses and attractions. The population is approximately 2,000 people, making it an ideal location for those who prefer a quiet yet vibrant place to live. Although the average rent of a two bedroom in Hickman is quite lower than the US average at only $590 per month, the cost of living is still fairly comparable due to its Grocery Cost Index at 88 compared to 100 in the US.
Local businesses include Meek's Corner Produce & Country Store which offers a wide selection of fresh produce as well as handmade furniture and decor; Old Hickory Sheds which provides custom built sheds and garages; and The Dog Spot which offers professional dog grooming services. With nearby recreational activities such as Lake Barkley State Resort Park and Downtown Murray which features many shopping centers, restaurants, music venues, art galleries and more, Hickman is an ideal place to live for those looking for peace and convenience.
Hickman has an unemployment rate of 5.5%. The US average is 6.0%.
Hickman has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.
Tax Rates for Hickman
- The Sales Tax Rate for Hickman is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hickman 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 Hickman
- The average income of a Hickman resident is $15,933 a year. The US average is $28,555 a year.
- The Median household income of a Hickman resident is $30,089 a year. The US average is $69,021 a year.