Rabbit Hash, KY is a small town located in Boone County. It is a rural farming community and is known for it's historical significance. The average two bedroom rent in Rabbit Hash is slightly lower than the national average at $1,390 per month. Additionally, grocery cost index in Rabbit Hash is higher than the US average (101 compared to 100). Despite its size, Rabbit Hash has several local businesses that contribute to the economy. These include the General Store which provides groceries and souvenirs, Willis Music Company which provides musical instruments and accessories, and Brierly Farms which grows flowers and plants for both retail sale and wholesale distribution.
Rabbit Hash has an unemployment rate of 4.2%. The US average is 6.0%.
Rabbit Hash has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 40.1%, which is higher than the US average of 33.5%.
Tax Rates for Rabbit Hash
- The Sales Tax Rate for Rabbit Hash is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rabbit Hash 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 Rabbit Hash
- The average income of a Rabbit Hash resident is $38,687 a year. The US average is $37,638 a year.
- The Median household income of a Rabbit Hash resident is $0 a year. The US average is $69,021 a year.