Butler, KY Economy


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Butler, KY is a small town located in Northern Kentucky with housing and local businesses that are quite affordable for its residents. The average rental price for a two-bedroom unit in Butler is $930, compared to an average of $1,430 in the rest of the United States. This makes Butler an ideal place for those who want to save on housing costs while still having access to amenities like grocery stores. Local business such as J&J Pawn Shop, Kmart Super Center, and H&R Block provide goods and services at reasonable prices, helping make the cost of living in Butler even more affordable. Additionally, the Grocery Cost Index in Butler is 96 versus 100 in the US which further supports lower costs of living for residents here.

Butler has an unemployment rate of 4.5%. The US average is 6.0%.

Butler has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 33.5%.

Tax Rates for Butler
- The Sales Tax Rate for Butler is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Butler is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Butler
- The average income of a Butler resident is $18,643 a year. The US average is $28,555 a year.
- The Median household income of a Butler resident is $43,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyButler, KentuckyUnited States
  4.56
  -5.0%-6.2%
  39.5%33.5%
  6.0%6.2%
  5.5%4.6%
  $19,202$37,638
  $43,125$69,021
  $52,625$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.3%6.8%
  23.8%10.0%
  15.2%2.5%
  9.8%11.0%
  7.4%4.8%
  1.2%0.8%
  0.0%1.9%
  2.7%4.7%
  2.7%1.9%
  2.3%7.6%
  0.0%0.1%
  2.3%4.2%
  7.0%9.3%
  14.1%14.0%
  0.0%2.1%
  3.9%7.0%
  2.7%4.8%
  2.3%4.7%
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