Farley, KY Economy


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Farley, KY is a small town located in Kentucky. It has a population of around 2,000 people and is known for its friendly atmosphere and small-town charm. The average 2 bedroom rent in Farley is $900, which is much lower than the US average of $1430. Additionally, the grocery cost index in Farley is 91 compared to the US index of 100, making it a great place to save money on groceries. \nSome local companies include Hillside Farms Dairy and Miller Produce. Popular attractions in Farley include the Hatfield & McCoy Dinner Show Theatre and the Big South Fork National River & Recreation Area. With its laidback atmosphere and affordable living costs, Farley makes for an ideal place to call home.

Farley has an unemployment rate of 5.8%. The US average is 6.0%.

Farley has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.

Tax Rates for Farley
- The Sales Tax Rate for Farley is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Farley is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Farley
- The average income of a Farley resident is $21,099 a year. The US average is $37,638 a year.
- The Median household income of a Farley resident is $42,165 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFarley, KentuckyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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