Harrodsburg, KY Economy


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United States / Kentucky / No Metro Area / Mercer County / Harrodsburg / Zip Codes
equestId":"e9773285-733c-4346-9e90-b15f0d707f1d","resource":"content","data":[{"id":"txt_f6e6cb307163461080d533d3994334ba","text":" and attractions\n \nHarrodsburg, KY is a quaint, historic town located in central Kentucky. It has a population of around 8,000 people and is known for its historic architecture and charming downtown area. The cost of living in Harrodsburg is significantly lower than the national average, with two bedroom rents costing only $750 compared to the US average of $1,430. Additionally, the grocery cost index in Harrodsburg is 95 versus 100 in the US. Local industries include farming, manufacturing and retail trade. There are also several attractions such as Old Fort Harrod State Park, The Beaumont Inn, and Jesse James Country Store & Riding Stable that add to the charm of this small town.

Harrodsburg has an unemployment rate of 5.0%. The US average is 6.0%.

Harrodsburg 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 30.5%, which is lower than the US average of 33.5%.

Tax Rates for Harrodsburg
- The Sales Tax Rate for Harrodsburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Harrodsburg 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 Harrodsburg
- The average income of a Harrodsburg resident is $24,242 a year. The US average is $37,638 a year.
- The Median household income of a Harrodsburg resident is $41,839 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHarrodsburg, KentuckyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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