New Haven, KY is a small town located in Daviess County. With an estimated population of 1,964 people according to the 2017 US Census, it has become an affordable place to live for those looking for a slower pace of life. Rent for 2 bedroom apartments is $740 per month, which is much lower than the national average of $1,430 making it a great option for frugal living. The cost of living index in New Haven is 95 versus 100 in the US, showing that groceries and other essentials are much more affordable than other places in the United States. Some local companies in New Haven include Walmart Neighborhood Market and Waffle House which are popular with locals and visitors alike. With its low rent and cost of living index, New Haven provides a great opportunity to save money while still enjoying small-town life.
New Haven has an unemployment rate of 4.4%. The US average is 6.0%.
New Haven has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 42.0%, which is higher than the US average of 33.5%.
Tax Rates for New Haven
- The Sales Tax Rate for New Haven is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Haven is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Haven
- The average income of a New Haven resident is $19,655 a year. The US average is $28,555 a year.
- The Median household income of a New Haven resident is $60,313 a year. The US average is $69,021 a year.