Lincolnshire, KY is a vibrant and growing community. Situated near the Clear Creek National Recreation Area, the city offers plenty of outdoor adventure for locals and visitors alike. Residents enjoy relatively low housing costs with 2 bedroom rents averaging just $1,100 per month. Grocery shopping is also more affordable in Lincolnshire with a grocery cost index of 98 compared to 100 on average in the US. The city is home to several local companies such as Lincolnshire Auto Body and Upright Excavation as well some unique attractions like Joe’s Cider Mill & Craft Barn or Raven Run Nature Sanctuary. With its excellent location and affordability, Lincolnshire, KY has become an attractive location for many looking to live in a rural setting while still being close to amenities and services.
Lincolnshire has an unemployment rate of 5.0%. The US average is 6.0%.
Lincolnshire has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 38.3%, which is higher than the US average of 33.5%.
Tax Rates for Lincolnshire
- The Sales Tax Rate for Lincolnshire is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lincolnshire 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 Lincolnshire
- The average income of a Lincolnshire resident is $38,424 a year. The US average is $28,555 a year.
- The Median household income of a Lincolnshire resident is $106,250 a year. The US average is $69,021 a year.