Woodbury, KY is a great place to call home. It offers many amenities such as low rent for a two-bedroom apartment at $740 compared to the US average of $1,430. Grocery costs are also significantly lower in Woodbury with an index score of 93 versus the US average of 100. Local businesses thrive in Woodbury such as The Edge Deli & Grill, Fiddlers Three Cafe & Catering, and Kountry Korner Restaurant – all providing top-notch cuisine and service. The cost of living in Woodbury is drastically lower than the rest of the United States making it a great location for those looking for affordable living.
Woodbury has an unemployment rate of 4.9%. The US average is 6.0%.
Woodbury has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.
Tax Rates for Woodbury
- The Sales Tax Rate for Woodbury is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Woodbury is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Woodbury
- The average income of a Woodbury resident is $11,020 a year. The US average is $28,555 a year.
- The Median household income of a Woodbury resident is $48,125 a year. The US average is $69,021 a year.