Flat Lick, KY is a small town located in the Southeastern region of the state. It has a population of about 2,500 and is known for its rural lifestyle. Rent prices are much lower than the national average with a two-bedroom apartment costing around $680 per month. The grocery cost index in Flat Lick is also quite low at 92 compared to 100 in the US.
Flat Lick has some unique attractions that draw visitors from all over the country. The Flat Lick State Park offers great outdoor activities such as fishing, boating, and swimming. Other popular local businesses include the Flat Lick General Store and Cafe, which has been open for over 45 years and provides traditional home cooked meals, and the Flat Lick Brewing Company which makes its own line of craft beers.
Flat Lick has an unemployment rate of 6.8%. The US average is 6.0%.
Flat Lick has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.
Tax Rates for Flat Lick
- The Sales Tax Rate for Flat Lick is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Flat Lick 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 Flat Lick
- The average income of a Flat Lick resident is $11,676 a year. The US average is $28,555 a year.
- The Median household income of a Flat Lick resident is $20,451 a year. The US average is $69,021 a year.