Crofton, KY is a great place to live with many local amenities and low cost of living. The 2 bedroom rent in Crofton is only $840 compared to the US average of $1,430, making it an attractive option for those looking for a more affordable place to call home. The Grocery Cost Index in Crofton is also lower than the national average at 94 versus 100. There are various local businesses that make up the community such as Blaydes Pharmacy, Don Davis Automotive, L&T Country Store, and Brown & White Funeral Home. With its low cost of living and wide range of local businesses, Crofton is a great place to settle down and start a new life.
Crofton has an unemployment rate of 5.6%. The US average is 6.0%.
Crofton has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Crofton
- The Sales Tax Rate for Crofton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Crofton 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 Crofton
- The average income of a Crofton resident is $22,219 a year. The US average is $37,638 a year.
- The Median household income of a Crofton resident is $29,479 a year. The US average is $69,021 a year.