Williamsburg, KY is a proud city located in Whitley County. It has an affordable cost of living, with 2 bedroom rent at only $730 compared to $1,430 nationally. The grocery cost index is also lower than the US average at 93 versus 100 respectively. There are plenty of local companies and stores for residents to shop at including Walmart, Lowe's Home Improvement, Kroger Grocery Store, International Paper Company and CVS Pharmacy. Additionally, there are many small businesses such as car washes, gas stations and restaurants for local residents to patronize. Williamsburg is an ideal city for those who wish to live in a vibrant and affordable community.
Williamsburg has an unemployment rate of 5.4%. The US average is 6.0%.
Williamsburg has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.
Tax Rates for Williamsburg
- The Sales Tax Rate for Williamsburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Williamsburg 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 Williamsburg
- The average income of a Williamsburg resident is $16,345 a year. The US average is $28,555 a year.
- The Median household income of a Williamsburg resident is $31,287 a year. The US average is $69,021 a year.