McRoberts, KY Economy


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United States / Kentucky / No Metro Area / Letcher County / McRoberts / Zip Codes
McRoberts, KY is a small rural town that offers a quiet lifestyle and affordable living expenses when compared to the national average. The average two-bedroom rent in McRoberts is $670 per month, while the national average is $1,430. Similarly, the local grocery cost index stands at 92 in comparison to 100 in the US. Local companies in McRoberts include McRoberts Plumbing Company, Upchurch Realty Group, and Jeffers Construction. These businesses provide essential services to the local community as well as employment opportunities for residents. Overall, residents of McRoberts enjoy a high quality of life with low living costs and plenty of opportunities for work within their own community.

McRoberts has an unemployment rate of 7.8%. The US average is 6.0%.

McRoberts has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 17.6%, which is lower than the US average of 33.5%.

Tax Rates for McRoberts
- The Sales Tax Rate for McRoberts is 6.0%. The US average is 7.3%.
- The Income Tax Rate for McRoberts 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 McRoberts
- The average income of a McRoberts resident is $21,998 a year. The US average is $28,555 a year.
- The Median household income of a McRoberts resident is $29,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMcRoberts, KentuckyUnited States
  7.86
  -6.0%-6.2%
  17.6%33.5%
  6.0%6.2%
  5.0%4.6%
  $17,249$37,638
  $29,250$69,021
Family Median Income 85028
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