Bellefonte, KY is a small town in Kentucky located just an hour east of Nashville. It's a great place to live with its low rent, affordable grocery costs and access to big city amenities. Rent for 2 bedrooms averages at $840 while the US average is $1,430. Grocery cost index in Bellefonte, KY is 97 versus 100 in the US. It is home to several well-known businesses such as Bellefonte Electric, Bluegrass Insulation Inc., and Withers Custom Cabinetry & Woodworking LLC. These companies provide employment opportunities as well as other services to the local community.
Bellefonte has an unemployment rate of 7.1%. The US average is 6.0%.
Bellefonte has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Bellefonte
- The Sales Tax Rate for Bellefonte is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bellefonte 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 Bellefonte
- The average income of a Bellefonte resident is $69,883 a year. The US average is $37,638 a year.
- The Median household income of a Bellefonte resident is $114,375 a year. The US average is $69,021 a year.