Cannonsburg, KY is a small town located in the south-central area of Kentucky. The town is known for its warm and welcoming culture, as well as its affordability. Residents of Cannonsburg enjoy a low cost of living, with rent for a two bedroom home coming in at $840 compared to the US average of $1,430. Similarly, grocery costs are well below the national index with an index reading of 98 compared to 100 nationally.
Cannonsburg is also home to a variety of local businesses and attractions that give residents plenty to do. Popular stores in the area include Cherry Knoll Farm Market and the Cannonsburg General Store. There are also plenty of places to visit including the nearby Goose Creek Recreational Area where visitors can enjoy outdoor activities like hiking or fishing. Overall, Cannonsburg provides an affordable and enjoyable lifestyle for many people who choose to call it home.
Cannonsburg has an unemployment rate of 6.6%. The US average is 6.0%.
Cannonsburg has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 25.3%, which is lower than the US average of 33.5%.
Tax Rates for Cannonsburg
- The Sales Tax Rate for Cannonsburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cannonsburg is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cannonsburg
- The average income of a Cannonsburg resident is $27,998 a year. The US average is $28,555 a year.
- The Median household income of a Cannonsburg resident is $65,099 a year. The US average is $69,021 a year.