Menifee, KY County is an excellent place to live due to its affordable cost of living. The average rent for a two bedroom apartment is $740, significantly lower than the national rate of $1,430. Along with housing costs being low, the grocery cost index in the county is also lower than the national average at 92 compared to 100. As a result, Menifee residents have more money left in their pocket. In terms of businesses in Menifee, there are many local companies that can help you with your financial needs such as Family First Financial Solutions and Countryside Insurance Group. There are also other small businesses like Menifee Tire and Automotive Service and D&M Auto Body Repair that offer quality services and products to the Menifee community.
Menifee County has an unemployment rate of 8.4%. The US average is 6.0%.
Menifee County has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 18.4%, which is lower than the US average of 33.5%.
Tax Rates for Menifee County
- The Sales Tax Rate for Menifee County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Menifee County is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Menifee County
- The average income of a Menifee County resident is $19,900 a year. The US average is $37,638 a year.
- The Median household income of a Menifee County resident is $43,313 a year. The US average is $69,021 a year.