Garrard, KY County is a charming small town with plenty of local businesses to explore. The cost of living here is low, with two-bedroom rental prices being only $790 and the grocery cost index being 96 compared to the US average of 100. Popular local companies include Garrard Farm Supply, an agricultural store that has been in operation for over eighty years; H&H Insurance Agency, providing quality insurance services to residents since 1958; Delaney's Tire Shop, offering tire replacements and repairs since 1967; and L&J Motors Inc., a family owned car dealership since 1976. With such a rich history of local businesses, Garrard County has become a place people are proud to call home.
Garrard County has an unemployment rate of 4.7%. The US average is 6.0%.
Garrard County has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 31.8%, which is lower than the US average of 33.5%.
Tax Rates for Garrard County
- The Sales Tax Rate for Garrard County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Garrard County 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 Garrard County
- The average income of a Garrard County resident is $29,194 a year. The US average is $37,638 a year.
- The Median household income of a Garrard County resident is $58,137 a year. The US average is $69,021 a year.