Nortonville, KY is a small town located in the heart of Kentucky. It has a population of less than 1,000 people and features an abundance of outdoor activities. Not only is Nortonville known for its breathtaking scenery, it's also loved for its reasonable cost of living. The average two bedroom rent in Nortonville is $890 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Nortonville is 92 versus 100 in the US - indicating that groceries are cheaper than other parts of the country. Local companies such as D&D Lawn Care and Cabinetry Plus provide residents with quality service and goods at competitive prices. All in all, Nortonville is an ideal place to live due to its natural beauty and low cost of living.
Nortonville has an unemployment rate of 5.3%. The US average is 6.0%.
Nortonville 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 Nortonville
- The Sales Tax Rate for Nortonville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Nortonville 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 Nortonville
- The average income of a Nortonville resident is $15,548 a year. The US average is $28,555 a year.
- The Median household income of a Nortonville resident is $36,875 a year. The US average is $69,021 a year.