Anderson County, KY is an affordable place to live, with two bedroom rentals averaging $830 per month. Prices for food are also lower than in many other locations, with a grocery cost index of 96 versus 100 in the US. Anderson County is home to many businesses including Anderson News Co., First Citizens Bank & Trust Company, Kentucky United Methodist Homes and Services, and Mallard Electric Company. It’s no wonder this area is so popular; with an overall cost of living that is significantly lower than the national average, it makes for a great place to call home.
Anderson County has an unemployment rate of 4.6%. The US average is 6.0%.
Anderson County has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Anderson County
- The Sales Tax Rate for Anderson County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Anderson County 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 Anderson County
- The average income of a Anderson County resident is $23,566 a year. The US average is $28,555 a year.
- The Median household income of a Anderson County resident is $59,887 a year. The US average is $69,021 a year.