Taylor Mill, KY is a small city located in the suburbs of Cincinnati. It is a great place to live for those looking for an affordable cost of living and the convenience of being close to a big city. With 2 bedroom rents averaging $950, it is much cheaper than the US average of $1,430. The local grocery cost index is also lower than the national average at 96 versus 100, making day-to-day expenses more manageable. Not only are living costs low but Taylor Mill offers plenty of employment opportunities with many local companies such as Taylor Mill Ventures, Financial Plus Credit Union, and Rumpke Waste & Recycling in the area.
Taylor Mill has an unemployment rate of 4.6%. The US average is 6.0%.
Taylor Mill has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 38.6%, which is higher than the US average of 33.5%.
Tax Rates for Taylor Mill
- The Sales Tax Rate for Taylor Mill is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Taylor Mill is 8.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Taylor Mill
- The average income of a Taylor Mill resident is $34,274 a year. The US average is $28,555 a year.
- The Median household income of a Taylor Mill resident is $73,422 a year. The US average is $69,021 a year.