Flemingsburg, KY is a small city located in Mason County with a population of around 2,285 people. It is a vibrant and friendly community with many local businesses that provide the residents with goods and services. Popular companies in the area include Flemingsburg Farmers Market, The Shoppes at Oak Hill, and Rainbow Gardens Nursery & Landscaping. Flemingsburg is known for its affordable rent and low cost of living; the median 2-bedroom rent being $720 compared to the US average of $1,430 makes it an ideal place to live for those looking for affordability. Additionally, with a Grocery Cost Index score of 96 versus 100 in the US, groceries are much cheaper in Flemingsburg than on average across America.
Flemingsburg has an unemployment rate of 5.4%. The US average is 6.0%.
Flemingsburg has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Flemingsburg
- The Sales Tax Rate for Flemingsburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Flemingsburg 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 Flemingsburg
- The average income of a Flemingsburg resident is $23,898 a year. The US average is $28,555 a year.
- The Median household income of a Flemingsburg resident is $37,266 a year. The US average is $69,021 a year.