California, KY Economy


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California, KY is a small town in the state of Kentucky with an estimated population of 1,877 people. The town has a few local businesses such as City Tire, Murray State University-Calloway County Extension Office, and El Toro Mexican Restaurant. Living in California, KY offers numerous advantages for its residents. With an average 2 bedroom rent of just $1,080 per month and a Grocery Cost Index of 97 versus the US Index of 100, California, KY is considerably more affordable than other parts of the US. Residents also have access to a variety of activities offered by Murray State University-Calloway County Extension Office which can help enrich their experience in the town. Overall, California, KY is a great place to live due to its affordability and plethora of local activities.

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

California has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 39.2%, which is higher than the US average of 33.5%.

Tax Rates for California
- The Sales Tax Rate for California is 6.0%. The US average is 7.3%.
- The Income Tax Rate for California is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for California
- The average income of a California resident is $32,607 a year. The US average is $37,638 a year.
- The Median household income of a California resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCalifornia, KentuckyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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