Norbourne Estates, KY Economy


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Norbourne Estates, KY is a medium-sized city that offers families and individuals an affordable place to live. The average 2 bedroom rent is $1,290, compared to the US average of $1,430. Additionally, the grocery cost index in Norbourne Estates is102 compared to the US standard of 100. This makes living in Norbourne Estates a much more economical choice for many. \nThe city has many local businesses such as farm supply stores and dry cleaning services. There are also numerous attractions near Norbourne Estates like riverside parks and historic buildings which offer plenty of recreational activities for visitors and residents alike. Education is also important in this area with several educational institutions such as public schools, private academies and universities all located within close proximity.

Norbourne Estates has an unemployment rate of 5.0%. The US average is 6.0%.

Norbourne Estates has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 38.3%, which is higher than the US average of 33.5%.

Tax Rates for Norbourne Estates
- The Sales Tax Rate for Norbourne Estates is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Norbourne Estates 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 Norbourne Estates
- The average income of a Norbourne Estates resident is $63,756 a year. The US average is $28,555 a year.
- The Median household income of a Norbourne Estates resident is $153,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorbourne Estates, KentuckyUnited States
  56
  -5.3%-6.2%
  38.3%33.5%
  6.0%6.2%
  5.0%4.6%
  $77,265$37,638
  $153,750$69,021
  $159,792$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.9%6.8%
  9.9%10.0%
  6.5%2.5%
  6.9%11.0%
  0.0%4.8%
  1.3%0.8%
  0.4%1.9%
  8.6%4.7%
  3.0%1.9%
  18.1%7.6%
  0.4%0.1%
  0.9%4.2%
  9.5%9.3%
  20.3%14.0%
  2.6%2.1%
  2.2%7.0%
  6.9%4.8%
  1.7%4.7%
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