Lewisport, KY is a small town located in the state of Kentucky. It has a population of around 1,000 people and is well known for its welcoming atmosphere. With a lower cost of living compared to other places in the US, Lewisport is an attractive place to live. The average 2 bedroom rent is $830 which is much less than the US average of $1,430. Additionally, groceries are relatively cheaper here with a Grocery Cost Index score of 91 versus 100 in the US. As such, this contributes to an overall lower cost of living for residents here.
The town boasts some notable local businesses including Millers Auto & Tire Service Center and Collins Shoe Repair Shop that serve the local community by providing quality services at reasonable prices. Additionally, there are several restaurants like R’s Café & Grill and JB’s BBQ Shack that cater to various tastes and needs while contributing economic growth to the town. All these factors make Lewisport an attractive place to live for those looking for affordable housing options with plenty of amenities nearby.
Lewisport has an unemployment rate of 4.9%. The US average is 6.0%.
Lewisport 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 39.1%, which is higher than the US average of 33.5%.
Tax Rates for Lewisport
- The Sales Tax Rate for Lewisport is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lewisport is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lewisport
- The average income of a Lewisport resident is $22,288 a year. The US average is $28,555 a year.
- The Median household income of a Lewisport resident is $52,222 a year. The US average is $69,021 a year.