Doe Valley, KY Economy


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Doe Valley, KY is a small town located in the hills of Kentucky. It's known for its natural beauty and small-town charm. The cost of living in Doe Valley is significantly lower than the U.S. average due to its low rental prices and grocery costs. A two bedroom apartment can be rented for $760 compare to the US average of $1,430. The Grocery Cost Index in Doe Valley is 95 compared to 100 in the US. There are several local companies that serve Doe Valley, such as the Doe Valley Pharmacy, Doe Valley Grocery Store, and the Doe Valley Clinic. Prices for goods in Doe Valley are typically lower than national averages; for example, considering a loaf of white bread at $2.50 would cost about $3 at most stores across the US, it only costs around $2 at local stores in Doe Valley.

Doe Valley has an unemployment rate of 5.3%. The US average is 6.0%.

Doe Valley has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 34.1%, which is higher than the US average of 33.5%.

Tax Rates for Doe Valley
- The Sales Tax Rate for Doe Valley is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Doe Valley 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 Doe Valley
- The average income of a Doe Valley resident is $34,584 a year. The US average is $28,555 a year.
- The Median household income of a Doe Valley resident is $77,018 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDoe Valley, KentuckyUnited States
  5.36
  -6.4%-6.2%
  34.1%33.5%
  6.0%6.2%
  5.0%4.6%
  $35,299$37,638
  $77,018$69,021
  $95,833$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.5%6.8%
  18.0%10.0%
  5.3%2.5%
  12.8%11.0%
  7.6%4.8%
  0.0%0.8%
  3.9%1.9%
  0.4%4.7%
  0.0%1.9%
  2.4%7.6%
  0.0%0.1%
  0.0%4.2%
  2.8%9.3%
  8.0%14.0%
  4.3%2.1%
  22.4%7.0%
  5.7%4.8%
  4.9%4.7%
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