Inez, KY is a small town located in the state of Kentucky with pleasant amenities for its citizens. Local businesses such as Inez Family Pharmacy, Arnett's Store Inc., and Big Sandy Superstore provide residents with everyday necessities. Due to lower rent costs compared to the national average, Inez has an affordable cost of living. The two bedroom rent for Inez is $810 which is much less than the US average of $1,430. Additionally, the grocery cost index in Inez is 98 versus 100 in the US providing further savings when it comes to groceries and other household items. Therefore, Inez offers a great place to live at an affordable cost for those who want to escape city life while still having access to amenities.
Inez has an unemployment rate of 9.3%. The US average is 6.0%.
Inez has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Inez
- The Sales Tax Rate for Inez is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Inez 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 Inez
- The average income of a Inez resident is $21,630 a year. The US average is $28,555 a year.
- The Median household income of a Inez resident is $44,375 a year. The US average is $69,021 a year.