Rochester, KY is a great place to live and work, offering affordable 2 bedroom rent at $720 compared to the US average of $1,430. The cost of groceries is also much lower in Rochester than in the rest of the country with an index of 94 compared to 100. There are a number of local companies offering jobs in Rochester such as Owens-Illinois, CVS Health, Amazon Fulfillment Center and more. The median salary in Rochester is $51,000, which offers good job opportunities for those looking to settle down and build a life.
Rochester has an unemployment rate of 4.9%. The US average is 6.0%.
Rochester has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.
Tax Rates for Rochester
- The Sales Tax Rate for Rochester is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rochester is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Rochester
- The average income of a Rochester resident is $27,400 a year. The US average is $28,555 a year.
- The Median household income of a Rochester resident is $67,917 a year. The US average is $69,021 a year.