Elliott, KY County is located in the western region of Kentucky and has a population of about 6,000 people. It is known for its picturesque countryside with rolling hills and beautiful rivers. The 2 bedroom rent in Elliott is significantly lower than the US average at $780 compared to $1,430. In addition to affordable housing, Elliott also offers inexpensive groceries with a grocery cost index of 96 compared to 100 in the US.
The economy in Elliott consists of small businesses such as John's Furniture Store, Meg's Bakery, and Smith & Sons Auto Repair Shop. The unemployment rate in Elliott is 8%, slightly higher than the national average of 7%. Despite this statistic, the county remains a great place to live and work due to its low cost of living and welcoming community.
Elliott County has an unemployment rate of 8.3%. The US average is 6.0%.
Elliott County has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Elliott County
- The Sales Tax Rate for Elliott County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Elliott 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 Elliott County
- The average income of a Elliott County resident is $14,669 a year. The US average is $37,638 a year.
- The Median household income of a Elliott County resident is $36,455 a year. The US average is $69,021 a year.