South Shore, KY is an affordable place to live. The 2 bedroom rent of $800 is much lower than the national average of $1,430. Additionally, the Grocery Cost Index in South Shore is 98, which is close to the national index of 100. Many people choose to move here for its affordability and proximity to other cities.
South Shore provides many local businesses and services for its residents. Companies such as C&D Super Store, South Shore Furniture & Appliances, Hillside Barbershop, South Shore Family Clinic, and Mays Auto Repair are all popular choices within the community. With so much on offer in one small town, it's no wonder why South Shore is becoming a popular destination for new residents looking for a place to call home.
South Shore has an unemployment rate of 7.1%. The US average is 6.0%.
South Shore has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for South Shore
- The Sales Tax Rate for South Shore is 6.0%. The US average is 7.3%.
- The Income Tax Rate for South Shore 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 South Shore
- The average income of a South Shore resident is $16,295 a year. The US average is $28,555 a year.
- The Median household income of a South Shore resident is $24,483 a year. The US average is $69,021 a year.