Centertown, KY is a great place to live and work. The cost of living in Centertown is affordable compared to other locations in the United States. For example, the average two bedroom rent in Centertown is only $750 which is much lower than the $1,430 average 2 bedroom rent across the US. Furthermore, grocery costs are even more significantly lower with an index score of 93 as opposed to 100 in the US. This makes Centertown an ideal location for those looking for affordable housing options. \nThe town also offers a variety of local businesses including restaurants such as Applebee’s Bar & Grill, stores such as Walmart Supercenter and services like Diversified Automotive Inc., making it easy for residents to meet their needs without having to leave town. All these factors make Centertown an attractive place to live that offers affordability and convenience.
Centertown has an unemployment rate of 6.0%. The US average is 6.0%.
Centertown has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Centertown
- The Sales Tax Rate for Centertown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Centertown 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 Centertown
- The average income of a Centertown resident is $19,046 a year. The US average is $28,555 a year.
- The Median household income of a Centertown resident is $49,821 a year. The US average is $69,021 a year.