Grant, KY County is a rural area located in the southern part of Kentucky. It has a relatively small population of around 4,370 people. Despite its small size, Grant County is a thriving community with many local businesses providing services and creating jobs for its residents. The county's 2 bedroom median rent rate is $920, which is significantly lower than the national average of $1,430. The Grocery Cost Index in Grant County is also lower than the national average at 98 versus 100. Some of the local businesses in Grant County include Harding’s General Store, Home First Realty, Green River Furniture Company, and WLW Country Radio Station. These companies provide employment opportunities and help to drive economic growth within the county. In addition to these businesses, Grant County also benefits from other organizations such as Field & Main Bank and Grace Community Fellowship that offer financial assistance or volunteer opportunities to residents in need.
Grant County has an unemployment rate of 5.0%. The US average is 6.0%.
Grant County has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 38.4%, which is higher than the US average of 33.5%.
Tax Rates for Grant County
- The Sales Tax Rate for Grant County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Grant 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 Grant County
- The average income of a Grant County resident is $19,872 a year. The US average is $28,555 a year.
- The Median household income of a Grant County resident is $60,040 a year. The US average is $69,021 a year.