Meadowbrook Farm, KY is a thriving city located in the heart of Kentucky. It is known for its friendly and welcoming atmosphere that draws a diverse range of people from all walks of life. There are plenty of local businesses that cater to all kinds of needs including grocery stores, restaurants, banks, and entertainment venues. The city also offers a lot in terms of amenities such as parks, libraries, schools, and even a YMCA facility.
When it comes to cost of living, Meadowbrook Farm compares favorably to other cities in the US. The two-bedroom rent price is $1,390 compared to the national average which stands at $1430. Additionally, grocery cost index stands at 101 versus 100 in the US which makes it even more economical for residents.
Meadowbrook Farm has an unemployment rate of 5.0%. The US average is 6.0%.
Meadowbrook Farm 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 Meadowbrook Farm
- The Sales Tax Rate for Meadowbrook Farm is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Meadowbrook Farm 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 Meadowbrook Farm
- The average income of a Meadowbrook Farm resident is $23,316 a year. The US average is $28,555 a year.
- The Median household income of a Meadowbrook Farm resident is $79,063 a year. The US average is $69,021 a year.