Crayne, KY is a small city in the state of Kentucky with an affordable cost of living. The average two bedroom rent in Crayne is $730 compared to the US average of $1,430. Grocery costs are also lower than the national average with Crayne's grocery cost index being 90 versus 100 for the US. The city has a variety of local businesses such as Log Cabin Cafe, Caffesino Coffee & Tea House, and Doris' Dry Cleaning. Additionally, there is an industrial park that offers employment opportunities for residents.
Crayne has an unemployment rate of 4.9%. The US average is 6.0%.
Crayne has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 39.0%, which is higher than the US average of 33.5%.
Tax Rates for Crayne
- The Sales Tax Rate for Crayne is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Crayne 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 Crayne
- The average income of a Crayne resident is $35,500 a year. The US average is $28,555 a year.
- The Median household income of a Crayne resident is $107,321 a year. The US average is $69,021 a year.