Williamstown, KY is a small town located in Northern Kentucky. The cost of living there is quite low when compared to the US average. Rent for a two bedroom apartment is $960, far lower than the US average of $1,430. Additionally, the Grocery Cost Index in Williamstown is 97 versus 100 in the US, making groceries cheaper as well. There are several great companies located within Williamstown borders such as Kroger Groceries, First Financial Bank, and Mason Lumber & Supply Company. With its low cost of living and great local businesses, Williamstown can be a great place to call home.
Williamstown has an unemployment rate of 5.0%. The US average is 6.0%.
Williamstown has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 38.4%, which is higher than the US average of 33.5%.
Tax Rates for Williamstown
- The Sales Tax Rate for Williamstown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Williamstown 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 Williamstown
- The average income of a Williamstown resident is $17,300 a year. The US average is $28,555 a year.
- The Median household income of a Williamstown resident is $55,040 a year. The US average is $69,021 a year.