Thornhill, KY is an idyllic small town located in the heart of Kentucky. It is known for its friendly people and charming atmosphere. The city has a plethora of local businesses ranging from restaurants to boutiques, all of which offer unique products and services to the community. In addition, Thornhill offers many outdoor activities such as hiking and fishing due to its proximity to lakes and forests. Despite its small size, it boasts a variety of educational opportunities including public schools and universities. Furthermore, Thornhill provides plenty of housing options ranging from single family homes to multi-family apartments. With regard to cost of living, 2 bedroom rent in Thornhill sits at $1,290 while groceries are slightly more expensive than the national average with a grocery cost index of 101 compared to 100 in the US. All these factors make Thornhill an attractive place for families looking for a safe and pleasant place to live.
Thornhill has an unemployment rate of 5.0%. The US average is 6.0%.
Thornhill 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 Thornhill
- The Sales Tax Rate for Thornhill is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Thornhill 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 Thornhill
- The average income of a Thornhill resident is $38,399 a year. The US average is $28,555 a year.
- The Median household income of a Thornhill resident is $108,125 a year. The US average is $69,021 a year.