Southgate, KY is a city located just south of Cincinnati, Ohio along the river. It is known for its great housing opportunities and close proximity to downtown Cincinnati. The current two bedroom rent in Southgate is $1,030 which is much lower than the US average rent price of $1,430. This makes Southgate a great option for those looking for a place to live on a budget. Additionally, grocery cost index in Southgate is 96 versus an index of 100 in the US. This means groceries will be relatively cheaper than other areas making it easier to stick to a budget when shopping in Southgate.
Southgate has some great local companies like Nippert Stadium where people can go to watch the University of Cincinnati's college football team play or visit their restaurant, Camp Washington Chili for some amazing eats with friends and family. There are also plenty of shopping centers like Northgate Mall and businesses such as LS Menzies that offer craftsmanship services for any home projects you may have been meaning to complete. All in all, Southgate offers an affordable cost of living with great amenities nearby making it an ideal spot for those from all walks of life to settle down and call home.
Southgate has an unemployment rate of 4.4%. The US average is 6.0%.
Southgate has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 39.2%, which is higher than the US average of 33.5%.
Tax Rates for Southgate
- The Sales Tax Rate for Southgate is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Southgate is 9.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Southgate
- The average income of a Southgate resident is $23,046 a year. The US average is $28,555 a year.
- The Median household income of a Southgate resident is $49,729 a year. The US average is $69,021 a year.