Hodgenville, KY is an attractive city to live in because it boasts lower costs of living compared to the US average. Rent for a two bedroom apartment is significantly cheaper in Hodgenville at $770 compared to the US average of $1,430. In addition, the Grocery Cost Index in Hodgenville is 94 versus 100 for the US. Local companies such as Hodgenville Hardware & Supply Co., Keepsake Flowers & Gifts and Hometown Pizza make it easy for residents to find what they need without having to travel far distances. In conclusion, Hodgenville offers a great quality of life with its lower cost of living and local amenities that make day-to-day tasks much more simpler and enjoyable.
Hodgenville has an unemployment rate of 4.9%. The US average is 6.0%.
Hodgenville has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Hodgenville
- The Sales Tax Rate for Hodgenville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hodgenville is 6.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hodgenville
- The average income of a Hodgenville resident is $19,769 a year. The US average is $37,638 a year.
- The Median household income of a Hodgenville resident is $53,393 a year. The US average is $69,021 a year.