Nelson County, KY Economy


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United States / Kentucky / / Nelson County / Cities / Zip Codes
Nelson, KY County is a great place to live and work. The cost of living in the county is quite low with two bedroom rent at $790 compared to the US average of $1,430. The Grocery Cost Index here is 96 versus the national average of 100. There are many local businesses in Nelson, KY county including several small restaurants and family-owned stores. Employment opportunities are plenty in this area as well with large corporations such as Walmart, Amazon, and Target opening their doors for hire. Additionally there are many manufacturing facilities that offer good job opportunities for those who are looking for steady employment.

Nelson County has an unemployment rate of 4.4%. The US average is 6.0%.

Nelson County has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 42.0%, which is higher than the US average of 33.5%.

Tax Rates for Nelson County
- The Sales Tax Rate for Nelson County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Nelson County is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Nelson County
- The average income of a Nelson County resident is $32,121 a year. The US average is $37,638 a year.
- The Median household income of a Nelson County resident is $64,354 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNelson, KentuckyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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