Riverwood, KY is an exciting city with plenty of attractions and conveniences. It's located in Green River County and known for its small-town charm. The cost of living is relatively low compared to the rest of the United States, with two bedroom rent coming in at an average of $1,290 per month versus the US average of $1,430. Food costs in the area are also lower than the US average as evidenced by a grocery cost index score of 102 versus 100 nationwide. Local businesses in Riverwood include Anthony's BBQ & Catering, Lewis Auto Repair & Wrecker Service, Harmony Family Care Clinic, Riverwood Pharmacy & Boutique, and more. With an abundance of services available along with a lower than average cost of living residents here enjoy a high quality of life.
Riverwood has an unemployment rate of 5.0%. The US average is 6.0%.
Riverwood 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 Riverwood
- The Sales Tax Rate for Riverwood is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Riverwood 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 Riverwood
- The average income of a Riverwood resident is $68,481 a year. The US average is $28,555 a year.
- The Median household income of a Riverwood resident is $235,000 a year. The US average is $69,021 a year.