Fredonia, KY is a small town in western Kentucky located near Bowling Green. The cost of living in Fredonia is lower than the US average, with a two bedroom rent for $760 compared to $1,430 nationwide. One of the major benefits of living in Fredonia is the low grocery cost index at 91 versus 100 in the US. It has local companies like Weathers Grocery Store, Bailey's Saw Shop & Hardware Store, and High Point Mortgage that provide residents with essential services. With its excellent cost of living and helpful local businesses, Fredonia is an ideal place to live.
Fredonia has an unemployment rate of 5.0%. The US average is 6.0%.
Fredonia has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 26.9%, which is lower than the US average of 33.5%.
Tax Rates for Fredonia
- The Sales Tax Rate for Fredonia is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fredonia 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 Fredonia
- The average income of a Fredonia resident is $21,604 a year. The US average is $37,638 a year.
- The Median household income of a Fredonia resident is $45,909 a year. The US average is $69,021 a year.