Columbus, KY is an affordable place to live, with 2 Bedroom Rent being just $600 compared to the US average of $1,430. Grocery costs are also lower than the national average, with a Grocery Cost Index score of 88 versus 100 for the US. This creates an economic environment that makes Columbus a great place to start or continue a career. The city has plenty of local companies employing residents at competitive salaries; for instance Zebra Technologies offers salaries ranging from $18K to over $115K while Columbus Regional Healthcare System provides wages between $11K and around $135K. Several other companies such as Corvias Solutions, Updike Distribution Logistics Services and Harrell's Car Wash Systems also have their headquarters in Columbus, offering great job opportunities with solid pay.
Columbus has an unemployment rate of 5.0%. The US average is 6.0%.
Columbus has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 4.5%, which is lower than the US average of 33.5%.
Tax Rates for Columbus
- The Sales Tax Rate for Columbus is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Columbus is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Columbus
- The average income of a Columbus resident is $20,598 a year. The US average is $28,555 a year.
- The Median household income of a Columbus resident is $30,625 a year. The US average is $69,021 a year.