Gilbertsville, KY is a small city located in Marshall County. It has a population of around 3,000 people and is known for its quaint rural charm. The cost of living is very affordable with median rent for 2 bedroom apartment being $820 compared to the national average of $1,430. Similarly, the Grocery Cost Index in Gilbertsville is 91 while the national average is 100. This makes it an ideal location for families looking for a more laid-back lifestyle. There are numerous local businesses operating in Gilbertsville such as Highlands Truck Parts Inc., Marshallian Services LLC., Stinson Construction & Electrical, Wright's Tire & Automotive Center and many others that provide quality services to the locals. Gilbertsville also features several parks, lakeside trails and unique attractions like Country Junction Flea Market which make it a great place to explore and have fun.
Gilbertsville has an unemployment rate of 4.9%. The US average is 6.0%.
Gilbertsville has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.
Tax Rates for Gilbertsville
- The Sales Tax Rate for Gilbertsville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gilbertsville is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Gilbertsville
- The average income of a Gilbertsville resident is $12,232 a year. The US average is $37,638 a year.
- The Median household income of a Gilbertsville resident is $0 a year. The US average is $69,021 a year.