Economy in Bowling Green, Kentucky

Bowling Green, KY is an attractive and affordable city to live in. The average two bedroom rent is $930, which is much lower than the United States average of $1,430. Additionally, the grocery cost index for Bowling Green is 97 compared to 100 in the US. This means that grocery shopping is relatively cheaper in Bowling Green. Those who are looking to settle in a place with a lower cost of living should consider Bowling Green. In terms of employment, job opportunities can be found at companies such as Western Kentucky University, Hosparus Health and Campbellsville Industries. Additionally, there are numerous local businesses such as Hot Rods Baseball and Blue Moon Boutique that contribute to the local economy.

Bowling Green has an unemployment rate of 4.7%. The US average is 6.0%.

Bowling Green has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 46.4%, which is higher than the US average of 33.5%.

Tax Rates for Bowling Green
- The Sales Tax Rate for Bowling Green is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bowling Green is 9.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Bowling Green
- The average income of a Bowling Green resident is $19,489 a year. The US average is $28,555 a year.
- The Median household income of a Bowling Green resident is $43,633 a year. The US average is $69,021 a year.