Clark, KY County is a great place to live and work. It is home to many companies such as Walmart, Lowe's, Kroger, and McDonald's. The cost of living in Clark, KY is fairly low compared to the US average. Rent for two-bedroom units in Clark, KY County averages $1,030 per month which is significantly lower than the national average of $1430. Additionally, the grocery cost index in Clark, KY County is 96 versus 100 in the US making groceries more affordable. All these factors make this county very attractive to potential residents looking for an affordable yet comfortable place to live and work.
Clark County has an unemployment rate of 4.7%. The US average is 6.0%.
Clark County has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 34.3%, which is higher than the US average of 33.5%.
Tax Rates for Clark County
- The Sales Tax Rate for Clark County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Clark County 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 Clark County
- The average income of a Clark County resident is $33,205 a year. The US average is $37,638 a year.
- The Median household income of a Clark County resident is $59,294 a year. The US average is $69,021 a year.