Fort Knox, KY Economy


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Fort Knox, KY is a small city located in Kentucky with a population of less than 10 thousand people. The rent for a two-bedroom apartment here is significantly lower than the rest of the country at only $990 compared to $1,430 nationally. This makes Fort Knox a great place for young families or those on a budget to call home. The cost of groceries is also very reasonable with an index rating of 96 in comparison to the US average of 100. Local businesses such as Patriot Express Car Wash and Cawood Carpet Cleaning offer services in the city that help locals take care of their daily needs without too much hassle or expense. All in all, Fort Knox is an ideal option for anyone looking for a comfortable lifestyle with low costs and plenty of local services.

Fort Knox has an unemployment rate of 4.9%. The US average is 6.0%.

Fort Knox has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.

Tax Rates for Fort Knox
- The Sales Tax Rate for Fort Knox is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Knox 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 Fort Knox
- The average income of a Fort Knox resident is $18,081 a year. The US average is $28,555 a year.
- The Median household income of a Fort Knox resident is $69,934 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFort Knox, KentuckyUnited States
  4.96
  -6.5%-6.2%
  35.4%33.5%
  6.0%6.2%
  5.0%4.6%
  $29,426$37,638
  $69,934$69,021
  $80,900$85,028
  Population by Occupation
  1.7%1.2%
  0.4%0.5%
  4.4%6.8%
  6.8%10.0%
  0.2%2.5%
  18.7%11.0%
  1.6%4.8%
  0.0%0.8%
  1.9%1.9%
  1.1%4.7%
  0.0%1.9%
  4.4%7.6%
  0.0%0.1%
  1.8%4.2%
  2.4%9.3%
  19.8%14.0%
  7.1%2.1%
  5.7%7.0%
  1.7%4.8%
  20.4%4.7%
Reviews for Fort Knox
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Over 15 years ago

There is actually a lot to do, especially if you have kids! Just outside one gate you can find go-karts and mini-golf, movie theaters and plenty of restaurants to tame  More

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