Fairfield, KY is a small city located near Lexington and Cincinnati. It is home to about 2,000 people and has many attractions such as parks, museums, and local businesses. There are great rental opportunities in Fairfield with two bedroom apartments going for $670 per month, making it much more affordable than the US average of $1,430. Additionally, groceries are cheaper in Fairfield than the US average with a grocery cost index of 95 compared to 100 nationally. Some notable local companies include Southern Carpet & Interiors, Kentucky Building Services Inc., and Don Wix Auto Service. Together these businesses provide jobs for many of the residents in Fairfield and surrounding areas.
Fairfield has an unemployment rate of 4.4%. The US average is 6.0%.
Fairfield has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 42.0%, which is higher than the US average of 33.5%.
Tax Rates for Fairfield
- The Sales Tax Rate for Fairfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fairfield is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fairfield
- The average income of a Fairfield resident is $26,456 a year. The US average is $28,555 a year.
- The Median household income of a Fairfield resident is $78,188 a year. The US average is $69,021 a year.