Salvisa, KY is a small town located in Mercer County with a population of ~700 people. It is a popular destination for outdoor recreation due to its close proximity to scenic nature trails and various lakes. Salvisa offers affordable housing opportunities, with 2 bedroom rentals averaging at $730 per month, which is much lower than the national average of $1,430. In addition to housing costs, grocery costs are also relatively low in Salvisa compared to the US average with an index of 96 as opposed to 100. This makes Salvisa an ideal place for those interested in budget-friendly living. The town is home to several local retail stores and restaurants such as Sonic Drive-In, La Familia Mexican Restaurant, and Dollar General – making it easy for residents to purchase all that they need without having to travel too far from home. All in all, Salvisa provides excellent access to recreational activities and a cost effective lifestyle that makes it appealing for those looking for a quiet place away from the hustle and bustle of city life.
Salvisa has an unemployment rate of 5.0%. The US average is 6.0%.
Salvisa has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 30.5%, which is lower than the US average of 33.5%.
Tax Rates for Salvisa
- The Sales Tax Rate for Salvisa is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Salvisa is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Salvisa
- The average income of a Salvisa resident is $15,496 a year. The US average is $37,638 a year.
- The Median household income of a Salvisa resident is $0 a year. The US average is $69,021 a year.