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Tolu, KY Economy
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United States
/
Kentucky
/ No Metro Area /
Crittenden County
/ Tolu /
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Tolu, Kentucky is a small town located in the western region of the state. It is known for its rural setting and friendly people. The cost of living is quite low here with the average 2 bedroom rent being $730 per month, much lower than the US average of $1,430. Food costs are also considerably less with a grocery cost index of 89 compared to 100 in the US. The local economy is supported by several small businesses such as Tolu Outfitters LLC, Tolu Auto Repair, and Tolu Farmers Market. These companies offer much needed jobs to residents while keeping prices low for customers due to their smaller size. Residents have access to all the essentials they need without having to go outside of their community.
Income by Population Percent
Economy
Tolu, Kentucky
United States
Unemployment Rate
4.9
6
Recent Job Growth
-3.9%
-6.2%
Future Job Growth
39.0%
33.5%
Sales Taxes
6.0%
6.2%
Income Tax
5.0%
4.6%
Income per Cap.
37638
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