Wellington, KY is a small town located in Kentucky with a population of around 1,000 people. It offers an affordable cost of living compared to the rest of the United States; rent for a two bedroom apartment averages at just $1,150 compared to $1,430 nationally. The grocery cost index is 102 in Wellington versus 100 in the US. There are many local businesses that call Wellington home, including Jay's Grocery Store, Turley’s Automotive Repair Shop and Hall's Family Restaurant. As such, residents in Wellington can find all they need right in their own backyard without having to worry about overcrowded stores or long lines. All-in-all, Wellington provides its citizens with a good standard of living and plenty of opportunity.
Wellington has an unemployment rate of 5.0%. The US average is 6.0%.
Wellington 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 Wellington
- The Sales Tax Rate for Wellington is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wellington 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 Wellington
- The average income of a Wellington resident is $41,184 a year. The US average is $28,555 a year.
- The Median household income of a Wellington resident is $91,875 a year. The US average is $69,021 a year.