Manitou, KY is an affordable and charming city located in the Appalachian region. Its 2 bedroom rent of $850 makes it a great place for families looking for more affordable housing options than what can be found in other parts of the US. The grocery cost index is also lower than the national average making Manitou an attractive option for those on a budget. Local companies include manufacturing plants, as well as construction and engineering firms. Popular places to shop are the local farmers markets, antique shops, and specialty stores like art galleries and craft stores. There are also several outdoor activities available such as hiking trails, camping sites, fishing spots, and picnic areas which make it a great destination for nature lovers.
Manitou has an unemployment rate of 5.3%. The US average is 6.0%.
Manitou has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Manitou
- The Sales Tax Rate for Manitou is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Manitou 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 Manitou
- The average income of a Manitou resident is $35,119 a year. The US average is $28,555 a year.
- The Median household income of a Manitou resident is $74,156 a year. The US average is $69,021 a year.