Lincoln, KY County is an area with a wide variety of activities and employment opportunities. Located in the heart of Kentucky, Lincoln has a population of around 8,000 people. It is becoming a popular destination for people looking to move to a more rural area with access to plenty of jobs as well as local amenities. The cost of living in Lincoln is considerably lower than the US average due to its 2 bedroom rent being $740 compared to the US average of $1430 and its grocery cost index being 93 versus 100 in the US. There are several local companies that operate within the county such as C & O Railroad Company, Gray's Auto Parts, Coldwater Creek Farm, and Jeffersonville Realty. These businesses offer services ranging from freight delivery to estate sales and provide employment to many locals in the area.
Lincoln County has an unemployment rate of 6.0%. The US average is 6.0%.
Lincoln County has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 34.1%, which is higher than the US average of 33.5%.
Tax Rates for Lincoln County
- The Sales Tax Rate for Lincoln County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lincoln 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 Lincoln County
- The average income of a Lincoln County resident is $22,157 a year. The US average is $37,638 a year.
- The Median household income of a Lincoln County resident is $45,856 a year. The US average is $69,021 a year.