Lynnview, KY Economy


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Lynnview, KY is a small town with a population of approximately 2,000 people. It is located in the rolling hills of central Kentucky and offers a peaceful suburban lifestyle. A two-bedroom home in Lynnview rents for an average of $1,000 per month, which is more affordable than the nationwide average rent of $1,430. Local grocery stores offer goods at a lower price than their national counterparts as well. The Grocery Cost Index in Lynnview averages 94 compared to 100 nationally.
The town is home to several businesses such as Lynnview Motorcycles, D&D Lawn Care Services, and Big Red’s Barbecue Restaurant. Residents enjoy easy access to nearby amenities like shopping centers and parks. The cost of living in Lynnview is relatively low compared to other towns in the area due to its affordability in terms of housing and groceries. For those seeking a quiet rural lifestyle with fewer expenses, Lynnview may be an ideal place to call home.

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

Lynnview 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 Lynnview
- The Sales Tax Rate for Lynnview is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lynnview 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 Lynnview
- The average income of a Lynnview resident is $20,688 a year. The US average is $28,555 a year.
- The Median household income of a Lynnview resident is $51,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLynnview, KentuckyUnited States
  56
  -5.3%-6.2%
  38.3%33.5%
  6.0%6.2%
  5.0%4.6%
  $36,907$37,638
  $51,875$69,021
  $63,333$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  11.1%6.8%
  17.2%10.0%
  5.5%2.5%
  10.8%11.0%
  15.6%4.8%
  1.1%0.8%
  1.8%1.9%
  3.7%4.7%
  0.0%1.9%
  2.6%7.6%
  0.0%0.1%
  1.3%4.2%
  8.7%9.3%
  8.2%14.0%
  0.0%2.1%
  6.9%7.0%
  3.2%4.8%
  2.4%4.7%
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