Oak Grove, KY is a small city located in the western part of the state. It is an ideal location for those looking for a quieter place to live as it offers an affordable cost of living with two bedroom rentals priced at $950 compared to the national average of $1,430. The Grocery Cost Index in Oak Grove is 93 compared to 100 nationally, making groceries more affordable in the area. \nThe city also has plenty to offer residents and visitors alike with local businesses such as Sullivan’s Grocery Store, Oak Grove Cinema 8 Theater, and Firefly Coffee House. There are also numerous locally-owned restaurants offering a variety of cuisines including Mexican cuisine from Botanas Mexican Restaurant and Italian dishes from Roma Italian Kitchen & Pizzeria.
Oak Grove has an unemployment rate of 5.6%. The US average is 6.0%.
Oak Grove has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Oak Grove
- The Sales Tax Rate for Oak Grove is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Oak Grove is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Oak Grove
- The average income of a Oak Grove resident is $15,702 a year. The US average is $28,555 a year.
- The Median household income of a Oak Grove resident is $37,297 a year. The US average is $69,021 a year.