Emlyn, KY is a small town located in Whitley County with a population of roughly 200 people. It is an economically disadvantaged region, yet it offers many great local amenities such as the Emlyn Community Park, the Emlyn Senior Center, and the local branch of The Bank of Corbin. There are also several locally owned restaurants such as Sandy's Diner and Hog Heaven BBQ that serve delicious home-cooked meals. The cost of living in Emlyn is much lower than that of the US average, with a two bedroom rent being $730 compared to $1,430 for the US average and a grocery cost index being 93 versus 100 in the US. Overall, Emlyn is an enjoyable place to live and visit with many unique businesses and amenities.
Emlyn has an unemployment rate of 5.4%. The US average is 6.0%.
Emlyn has seen the job market decrease by -2.6% 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 Emlyn
- The Sales Tax Rate for Emlyn is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Emlyn 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 Emlyn
- The average income of a Emlyn resident is $22,712 a year. The US average is $37,638 a year.
- The Median household income of a Emlyn resident is $72,237 a year. The US average is $69,021 a year.