Woodland Hills, KY Economy


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Woodland Hills, KY is a great place to call home. It is a small town with a population of about 4,500 people. There are plenty of local businesses in the area such as Johnson's Grocery Store, Peebles Pharmacy, and Woodland Hills Barbershop. Rent in Woodland Hills is quite affordable compared to the national average with the 2 bedroom rent being $1,400 compared to the US rate of $1,430. The grocery cost index for Woodland Hills is also equal to the US at 100 versus 100 respectively. All in all Woodland Hills offers residents a great living option with convenient access to stores and restaurants.

Woodland Hills has an unemployment rate of 5.0%. The US average is 6.0%.

Woodland Hills 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 Woodland Hills
- The Sales Tax Rate for Woodland Hills is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Woodland Hills 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 Woodland Hills
- The average income of a Woodland Hills resident is $28,183 a year. The US average is $28,555 a year.
- The Median household income of a Woodland Hills resident is $80,313 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoodland Hills, KentuckyUnited States
  56
  -5.3%-6.2%
  38.3%33.5%
  6.0%6.2%
  5.0%4.6%
  $37,685$37,638
  $80,313$69,021
  $94,167$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.6%6.8%
  4.2%10.0%
  4.5%2.5%
  9.9%11.0%
  3.7%4.8%
  0.6%0.8%
  1.1%1.9%
  12.1%4.7%
  4.8%1.9%
  10.1%7.6%
  0.0%0.1%
  2.3%4.2%
  9.0%9.3%
  14.9%14.0%
  4.2%2.1%
  7.0%7.0%
  0.6%4.8%
  1.4%4.7%
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