Plano, KY is a small town situated in the heart of Kentucky and offers many advantages to its residents. The cost of living in Plano is quite low with an average 2 bedroom rent costing only $960 compared to the US average of $1,430. Food expenses are also relatively low with Plano's Grocery Cost Index rating 99 versus 100 for the US. Local businesses in the area include Plano Automotive Parts Inc., Plow & Hearth Nursery, and J&J Salvage Yard LLC, who provide quality products and services to their customers. With its low cost of living and charming atmosphere, Plano, KY is a great place to live or visit!
Plano has an unemployment rate of 4.5%. The US average is 6.0%.
Plano has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 45.9%, which is higher than the US average of 33.5%.
Tax Rates for Plano
- The Sales Tax Rate for Plano is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Plano 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 Plano
- The average income of a Plano resident is $30,110 a year. The US average is $28,555 a year.
- The Median household income of a Plano resident is $88,984 a year. The US average is $69,021 a year.