Bardstown, KY Economy


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equestId":"322d74e1-1566-4854-9adb-71874cd61f2b","resource":"content","data":[{"id":"txt_7f05a57284e7462db758bb050869ff5f","text":",\n \nBardstown, KY is a charming city located in central Kentucky. Its population of around 13,000 makes it the perfect size for those looking to escape the hustle and bustle of bigger cities. The cost of living in Bardstown is lower than the national average with two bedroom rental rates at $780 compared to the US rate at $1,430. On top of that, the grocery cost index in Bardstown is 96 against 100 nationally; making it a great destination for frugal shoppers and families alike. Bardstown also boasts numerous local businesses, such as Heaven Hill Distilleries which produces some of the world's best bourbon whiskey, and My Old Kentucky Dinner Train where guests enjoy a five-course meal while riding through the beautiful countryside. There are also many unique shops and boutiques that feature handmade items from local artisans. With its affordable housing costs and small town charm, Bardstown offers something for everyone.

Bardstown has an unemployment rate of 4.4%. The US average is 6.0%.

Bardstown 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 42.0%, which is higher than the US average of 33.5%.

Tax Rates for Bardstown
- The Sales Tax Rate for Bardstown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bardstown 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 Bardstown
- The average income of a Bardstown resident is $21,393 a year. The US average is $28,555 a year.
- The Median household income of a Bardstown resident is $49,298 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBardstown, KentuckyUnited States
  4.46
  -4.7%-6.2%
  42.0%33.5%
  6.0%6.2%
  6.0%4.6%
  $25,560$37,638
  $49,298$69,021
  $61,136$85,028
  Population by Occupation
  0.3%1.2%
  0.1%0.5%
  1.5%6.8%
  21.0%10.0%
  1.7%2.5%
  15.2%11.0%
  9.1%4.8%
  0.1%0.8%
  1.2%1.9%
  4.8%4.7%
  2.2%1.9%
  3.8%7.6%
  0.0%0.1%
  3.9%4.2%
  6.7%9.3%
  11.0%14.0%
  2.0%2.1%
  9.3%7.0%
  3.3%4.8%
  3.0%4.7%
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Over 4 years ago

Bardstown be cappin  More

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