Graves County, KY is an ideal place to settle down. With rent on two bedroom apartments at just $740, it is much more affordable than the U.S. average of $1,430 for the same size space. The grocery cost index in Graves County is also lower than the U.S. average, making it a great place to enjoy all the comforts of home without breaking the bank. The county boasts many local businesses such as Lakeview Cafe & Bakery, Woodland Gardens Nursery & Landscape Company and General Store Antiques that provide something special to the area and make it feel like home. With its low cost of living, abundance of local businesses and charming atmosphere, Graves County is a great place to live.
Graves County has an unemployment rate of 4.9%. The US average is 6.0%.
Graves County has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Graves County
- The Sales Tax Rate for Graves County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Graves 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 Graves County
- The average income of a Graves County resident is $21,367 a year. The US average is $28,555 a year.
- The Median household income of a Graves County resident is $48,187 a year. The US average is $69,021 a year.