Brodhead, KY Economy


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Brodhead, KY is a small town located in Rockcastle County. It offers a peaceful and rural atmosphere with lush greenery and plenty of natural attractions to explore. It's an ideal place to live for those looking to get away from the hustle and bustle of city life. The average two bedroom rent here is much more affordable than elsewhere in the US, making it a great value for locals. The grocery cost index here is also lower than the national average meaning you can save on food costs as well.
The town has several local businesses that contribute to its economy such as Rogers & Rainey Insurance Company, Brodhead Floral, Brodhead Auto Center, and Brodhead Car Wash & Detailing. These companies have served the community for decades and continue to be a major part of Brodhead's culture. Additionally, there are many outdoor activities available for residents including fishing, camping, hiking and more. All these aspects create a unique atmosphere where locals can enjoy nature while still having access to many amenities close by.

Brodhead has an unemployment rate of 5.4%. The US average is 6.0%.

Brodhead has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.

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

Income and Salaries for Brodhead
- The average income of a Brodhead resident is $12,361 a year. The US average is $28,555 a year.
- The Median household income of a Brodhead resident is $26,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBrodhead, KentuckyUnited States
  5.46
  -6.0%-6.2%
  24.1%33.5%
  6.0%6.2%
  6.5%4.6%
  $17,019$37,638
  $26,917$69,021
  $56,000$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  8.4%6.8%
  22.9%10.0%
  0.6%2.5%
  12.1%11.0%
  1.0%4.8%
  5.1%0.8%
  5.5%1.9%
  0.0%4.7%
  1.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  6.6%9.3%
  13.9%14.0%
  2.0%2.1%
  9.6%7.0%
  9.4%4.8%
  0.8%4.7%
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