Woodburn, KY Economy


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Woodburn, KY is a small rural community located in the US state of Kentucky. With a population of less than 1,000 people, it offers its citizens an affordable lifestyle. The average 2 bedroom rent is only $970, which is quite low compared to the national average of $1,430. Groceries also tend to be cheaper here at 96 on the index versus 100 in the US.
Many locals work at nearby farms and ranches, while others commute to jobs in cities like Bowling Green and Nashville. Woodburn's local businesses include Miller’s Store and Gas Station, as well as the Corner Cafe restaurant. Nature lovers are drawn to the nearby Mammoth Cave National Park for hiking and camping trips. Other attractions include Nolin Lake State Park with its numerous water activities including boating, canoeing and fishing.

Woodburn has an unemployment rate of 4.5%. The US average is 6.0%.

Woodburn has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 45.9%, which is higher than the US average of 33.5%.

Tax Rates for Woodburn
- The Sales Tax Rate for Woodburn is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Woodburn is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Woodburn
- The average income of a Woodburn resident is $20,674 a year. The US average is $28,555 a year.
- The Median household income of a Woodburn resident is $59,821 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoodburn, KentuckyUnited States
  4.56
  -6.6%-6.2%
  45.9%33.5%
  6.0%6.2%
  6.5%4.6%
  $27,812$37,638
  $59,821$69,021
  $76,458$85,028
  Population by Occupation
  0.0%1.2%
  4.3%0.5%
  13.0%6.8%
  25.4%10.0%
  2.2%2.5%
  15.2%11.0%
  13.8%4.8%
  0.0%0.8%
  2.9%1.9%
  0.0%4.7%
  1.4%1.9%
  0.7%7.6%
  0.0%0.1%
  4.3%4.2%
  1.4%9.3%
  8.0%14.0%
  0.0%2.1%
  0.0%7.0%
  5.1%4.8%
  2.2%4.7%
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