Paris, KY is a small city located in the state of Kentucky and is part of the Bluegrass region. It has a population of 8,553 as of 2019. The town is home to various local businesses, such as Paris-Bourbon County Tourism Commission, Bourbon County Chamber of Commerce, Community Trust Bank, and United Citizens Bank. The 2 Bedroom Rent in Paris stands at $890 compared to the US average of $1,430 while the Grocery Cost Index is 97 versus 100 in the US. These figures show that Paris offers an affordable cost of living. Overall Paris provides a unique charm as a small city and provides its citizens with quality services at an affordable cost.
Paris has an unemployment rate of 4.3%. The US average is 6.0%.
Paris has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Paris
- The Sales Tax Rate for Paris is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Paris is 8.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Paris
- The average income of a Paris resident is $24,937 a year. The US average is $37,638 a year.
- The Median household income of a Paris resident is $45,427 a year. The US average is $69,021 a year.