Horse Cave, KY Economy


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United States / Kentucky / No Metro Area / Hart County / Horse Cave / Zip Codes
Horse Cave, KY is a small town situated in the heart of Kentucky. It is known for its friendly atmosphere and affordable living. Rent for a two bedroom apartment is only $730, making it significantly cheaper than the national average of $1,430. The cost of groceries here is also lower than the US average; with a Grocery Cost Index value of 93 compared to 100 nationwide.
The town boasts several local companies such as Antique Mall, Bluegrass Cellular, and Horse Cave Theatre. The Antique Mall provides shoppers with vintage and antique items from around the world. Bluegrass Cellular offers cell phone services and products while Horse Cave Theatre offers unique movie experiences throughout the year. All three companies provide excellent customer service along with competitive prices.
Grocery costs in Horse Cave are much lower than elsewhere, meaning that residents can enjoy a variety of food while still saving money on their budget. This makes Horse Cave an ideal place to live for those looking to save money without sacrificing quality groceries or entertainment options.

Horse Cave has an unemployment rate of 4.5%. The US average is 6.0%.

Horse Cave has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.

Tax Rates for Horse Cave
- The Sales Tax Rate for Horse Cave is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Horse Cave is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Horse Cave
- The average income of a Horse Cave resident is $14,612 a year. The US average is $28,555 a year.
- The Median household income of a Horse Cave resident is $45,423 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHorse Cave, KentuckyUnited States
  4.56
  -5.0%-6.2%
  40.8%33.5%
  6.0%6.2%
  5.5%4.6%
  $21,586$37,638
  $45,423$69,021
  $46,004$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  0.0%6.8%
  35.4%10.0%
  1.4%2.5%
  2.4%11.0%
  3.6%4.8%
  0.3%0.8%
  5.3%1.9%
  1.5%4.7%
  1.1%1.9%
  0.6%7.6%
  0.0%0.1%
  9.7%4.2%
  7.6%9.3%
  10.9%14.0%
  0.0%2.1%
  10.6%7.0%
  4.4%4.8%
  4.6%4.7%
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