Meadow Vale, KY is an attractive city for those looking for a more affordable cost of living. The average two bedroom rent is lower than the US average, costing around $1,260 compared to the US' average of $1,430. Additionally, the Grocery Cost Index in Meadow Vale remains constant with the US index at 100; this means that residents can expect to pay similar prices for food when compared to other cities in the country. There are a number of local companies in Meadow Vale such as Smith's Automotive Repair and Grease Monkey Oil Change & Auto Repair which provide reliable car maintenance services, as well as K-Town Grill, offering delicious American cuisine.
Meadow Vale has an unemployment rate of 5.0%. The US average is 6.0%.
Meadow Vale 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 Meadow Vale
- The Sales Tax Rate for Meadow Vale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Meadow Vale 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 Meadow Vale
- The average income of a Meadow Vale resident is $31,197 a year. The US average is $28,555 a year.
- The Median household income of a Meadow Vale resident is $89,167 a year. The US average is $69,021 a year.