Junction City, KY is a small town located in the heart of Kentucky. It is known for its friendly community and rural atmosphere. The cost of rent for two bedroom apartments is significantly lower than the average rent in the US, costing only $810 per month. Additionally, local grocery costs are lower than the US index at 94 versus 100. There are several businesses in Junction City that are popular with locals including Salatin's Grocery Store, Waller's Auto Repair Shop, and Johnson Hardware Store. These businesses have been around for many years and provide excellent products and services to the residents of Junction City.
Junction City has an unemployment rate of 5.5%. The US average is 6.0%.
Junction City has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Junction City
- The Sales Tax Rate for Junction City is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Junction City is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Junction City
- The average income of a Junction City resident is $15,432 a year. The US average is $28,555 a year.
- The Median household income of a Junction City resident is $39,417 a year. The US average is $69,021 a year.