Wallins Creek, KY is a small town located in southeastern Kentucky with a population of under 500 people. Despite its size, Wallins Creek has many local companies such as Wallins Creek Grocery Store, Wallins Creek Lumber Company, and Wallins Creek Hardware. The cost of living in Wallins Creek is low compared to the US. For example, 2 bedroom rent is only $680 per month compared to the US average of $1,430; the Grocery Cost Index for Wallins Creek is 92 versus 100 in the US. Overall, living in Wallins Creek would be affordable for those on a tight budget.
Wallins Creek has an unemployment rate of 9.4%. The US average is 6.0%.
Wallins Creek has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 10.0%, which is lower than the US average of 33.5%.
Tax Rates for Wallins Creek
- The Sales Tax Rate for Wallins Creek is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wallins Creek 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 Wallins Creek
- The average income of a Wallins Creek resident is $25,920 a year. The US average is $37,638 a year.
- The Median household income of a Wallins Creek resident is $0 a year. The US average is $69,021 a year.