Stanton, KY is a small town located in the heart of the Appalachian Mountains. The area is known for its picturesque natural beauty and friendly people. It offers affordable living costs, with 2 bedroom rents at $710 compared to the national average of $1,430. The Grocery Cost Index in Stanton is 93 while the US average is 100. There are many local businesses in the area such as Stantown Shops, Young's Country Store, and Pine Mountain Mercantile. These stores provide residents with fresh produce, locally-sourced goods, and necessary supplies. There are also several restaurants in the area that serve traditional Appalachian dishes like fried chicken and biscuits. Stanton has something for everyone to enjoy - from outdoor activities like fishing and hiking to shopping and dining experiences.
Stanton has an unemployment rate of 5.4%. The US average is 6.0%.
Stanton has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.
Tax Rates for Stanton
- The Sales Tax Rate for Stanton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Stanton is 8.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Stanton
- The average income of a Stanton resident is $16,373 a year. The US average is $37,638 a year.
- The Median household income of a Stanton resident is $32,313 a year. The US average is $69,021 a year.