Nicholas County, KY Economy


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United States / Kentucky / No Metro Area / Nicholas County / Cities / Zip Codes
Nicholas, KY County is a great place to live for those who are looking for a more affordable lifestyle. The 2 bedroom rent in Nicholas is much lower than the national average of $1,430, at only $740. Additionally, the grocery cost index is 96 compared to the US average of 100, making it even more cost effective for families and individuals alike. This county also has plenty to offer with local companies such as Nicholasville Auto Parts, McAdams Flooring & Tile Co., and Kentucky Family Financial Solutions providing diverse services and products. Overall, this rural town offers an affordable lifestyle in a close-knit community that can provide all the necessary amenities.

Nicholas County has an unemployment rate of 4.7%. The US average is 6.0%.

Nicholas County has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.

Tax Rates for Nicholas County
- The Sales Tax Rate for Nicholas County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Nicholas 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 Nicholas County
- The average income of a Nicholas County resident is $23,023 a year. The US average is $37,638 a year.
- The Median household income of a Nicholas County resident is $44,306 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNicholas, 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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