Greenup, KY is a small city located in the northeast corner of Kentucky. It has a population of less than 5,000 people and offers residents a laid-back lifestyle. The cost of living is very affordable compared to most cities in the United States, with 2 bedroom rent averages at $790 and the US average at $1,430. Additionally, groceries are around 2% cheaper than the national average index of 100. There are many great local businesses that call Greenup home such as Reid’s Automotive Repair Inc., Marlene’s Treasures Antiques & Collectibles, and Greenup Pizza Company. All these companies contribute to the unique character of Greenup making it a great place to live and visit!
Greenup has an unemployment rate of 7.1%. The US average is 6.0%.
Greenup has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Greenup
- The Sales Tax Rate for Greenup is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Greenup 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 Greenup
- The average income of a Greenup resident is $24,573 a year. The US average is $37,638 a year.
- The Median household income of a Greenup resident is $49,135 a year. The US average is $69,021 a year.