Moorland, KY is a great place to live with an affordable cost of living. The average two-bedroom rent in the area is $1,370, which is lower than the US average of $1,430. Additionally, groceries are relatively cheaper in Moorland than the rest of the country; the grocery cost index is 101 versus 100 nationally. This makes it easier for residents to make ends meet each month. In addition to low living costs, Moorland has several local companies that are popular amongst its citizens. These include Black Oak Farms, a dairy and produce market offering locally-sourced food; Ragsdale Auto Parts, a full-service auto shop specializing in repairs; and Wood Works Cabinetmakers, a woodworking company that creates custom pieces.
Moorland has an unemployment rate of 5.0%. The US average is 6.0%.
Moorland 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 Moorland
- The Sales Tax Rate for Moorland is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Moorland 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 Moorland
- The average income of a Moorland resident is $26,827 a year. The US average is $28,555 a year.
- The Median household income of a Moorland resident is $58,250 a year. The US average is $69,021 a year.