Corydon, KY is a small town located in the southeastern corner of Kentucky. It has a population of about 500 people and is known for its rural charm and hospitality. Local companies in Corydon include Erwin Orchard and Nursery, Baize Plumbing & Heating Services, and The Country Store. The cost of living in Corydon is lower than most places in the United States due to its rural location. For example, 2 bedroom rent in Corydon is at $800 while it is $1,430 across the US on average. Similarly, grocery costs are 91 versus 100 on average across the US. Living in Corydon provides residents with an affordable lifestyle that many larger cities don’t offer.
Corydon has an unemployment rate of 5.1%. The US average is 6.0%.
Corydon has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.
Tax Rates for Corydon
- The Sales Tax Rate for Corydon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Corydon 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 Corydon
- The average income of a Corydon resident is $23,213 a year. The US average is $37,638 a year.
- The Median household income of a Corydon resident is $58,125 a year. The US average is $69,021 a year.