Warfield, KY is a small town located in the Appalachian region of Kentucky. The area is known for its bluegrass music and outdoor activities such as fishing and hunting. Two bedroom rent in Warfield is significantly lower than the national average at $810 per month compared to $1,430 nationally. In addition to low rent, the cost of daily necessities such as groceries are also more affordable with a grocery cost index of 93 versus 100 in the US. Local companies that contribute to Warfield's economy include Warfield Hardware, All-American Roofing & Construction, and Kings & Queens Child Care. These businesses provide employment opportunities to many of Warfield's residents and help keep the economy thriving.
Warfield has an unemployment rate of 9.3%. The US average is 6.0%.
Warfield has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Warfield
- The Sales Tax Rate for Warfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Warfield is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Warfield
- The average income of a Warfield resident is $18,553 a year. The US average is $28,555 a year.
- The Median household income of a Warfield resident is $42,679 a year. The US average is $69,021 a year.