Sanders, KY is a small town located in the heart of Kentucky. It is known for its low cost of living and friendly people. The average rent for a two bedroom apartment is only $850, significantly lower than the US average of $1,430 for the same size dwelling. Additionally, the grocery cost index in Sanders is 95 versus 100 in the US. This makes it one of the most affordable places to live. Local businesses in Sanders include Zion Hill Home Center, Sanders Tire & Auto Supply, and Sanders Grocery Store. These companies provide essential services to the residents and are all popular spots among locals.
Sanders has an unemployment rate of 4.8%. The US average is 6.0%.
Sanders has seen the job market increase by 3.7% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Sanders
- The Sales Tax Rate for Sanders is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sanders is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Sanders
- The average income of a Sanders resident is $16,010 a year. The US average is $28,555 a year.
- The Median household income of a Sanders resident is $33,795 a year. The US average is $69,021 a year.