Plantation, KY Economy


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Plantation, KY is a great place to live. It offers plenty of local businesses and amenities for residents. The city has an array of restaurants, convenience stores, grocery stores, boutiques, salons, entertainment venues, parks, and much more. 2 bedroom rent in Plantation is quite reasonable compared to the US average at $1,260 versus $1,430. Additionally, the cost of groceries is also lower than the national average with a Grocery Cost Index of 100. Some popular local businesses include Plantation Market & Deli for fresh produce and deli items; Mike's Hair Design for affordable haircuts; and The Olive Tap for gourmet olive oils and balsamic vinegars. There's something for everyone in Plantation!

Plantation has an unemployment rate of 5.0%. The US average is 6.0%.

Plantation 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 Plantation
- The Sales Tax Rate for Plantation is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Plantation 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 Plantation
- The average income of a Plantation resident is $25,847 a year. The US average is $28,555 a year.
- The Median household income of a Plantation resident is $62,688 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPlantation, KentuckyUnited States
  56
  -5.3%-6.2%
  38.3%33.5%
  6.0%6.2%
  5.0%4.6%
  $30,966$37,638
  $62,688$69,021
  $63,125$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.8%6.8%
  9.2%10.0%
  3.2%2.5%
  24.4%11.0%
  1.9%4.8%
  0.0%0.8%
  4.1%1.9%
  10.5%4.7%
  1.3%1.9%
  11.5%7.6%
  0.0%0.1%
  1.9%4.2%
  7.7%9.3%
  9.0%14.0%
  0.9%2.1%
  5.8%7.0%
  4.5%4.8%
  1.5%4.7%
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