Owen, KY County is a great place to live with plenty of amenities and low costs. The median 2 bedroom rent in Owen County is only $740 per month compared to the national average of $1430, making it quite affordable. Additionally, the Grocery Cost Index in Owen County is 96 versus the US's 100, indicating that groceries are quite inexpensive here as well. There are many local businesses in the area such as Butler Farms, Farmstead Dairy Bar & Grill, and Backslope Brewing. Furthermore, there are plenty of outdoor activities available such as hiking trails at Dawson-Bryant State Nature Preserve and camping at Cave Run Lake. All in all, Owen County is an excellent place to settle down with its low cost of living and wide range of amenities.
Owen County has an unemployment rate of 4.6%. The US average is 6.0%.
Owen County has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for Owen County
- The Sales Tax Rate for Owen County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Owen County is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Owen County
- The average income of a Owen County resident is $27,384 a year. The US average is $37,638 a year.
- The Median household income of a Owen County resident is $52,450 a year. The US average is $69,021 a year.