Richlawn, KY is a great place to call home. It has a small population of just over 5,000 people and offers many amenities for those looking for an affordable and comfortable lifestyle. The two bedroom rent rate in Richlawn is only $1,290 which is significantly lower than the US average of $1,430. Grocery costs are also more affordable with a Cost Index of 102 versus 100 in the US. A few local companies that can be found in Richlawn include Sentry Heating & Cooling LLC, Intelligent Automation Services Inc., and Alliance Home Health Care LLC. All together these businesses help sustain a strong economy and make Richlawn an attractive location for families and individuals alike. The cost of living index makes it possible to have an enjoyable lifestyle without having to pay too much money for it.
Richlawn has an unemployment rate of 5.0%. The US average is 6.0%.
Richlawn 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 Richlawn
- The Sales Tax Rate for Richlawn is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Richlawn 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 Richlawn
- The average income of a Richlawn resident is $42,948 a year. The US average is $28,555 a year.
- The Median household income of a Richlawn resident is $103,929 a year. The US average is $69,021 a year.