Powell County, KY is a great place to live. It has a low cost of living due to the low 2 bedroom rent which is only around $780 compared to the US average of $1,430. Groceries are also cheaper than the national average with a grocery cost index of 93 versus 100 in the US. For those looking for employment, there are plenty of local companies to check out including Appalachian Regional Healthcare, Powell County Board of Education and Clay City Pottery. There are various types of jobs available from healthcare professionals to teachers and more. There are also many outdoor activities such as hiking, fishing and canoeing for people who love the outdoors. In short, Powell County is an amazing area with lots of opportunity and a low cost of living.
Powell County has an unemployment rate of 5.4%. The US average is 6.0%.
Powell County has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.
Tax Rates for Powell County
- The Sales Tax Rate for Powell County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Powell 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 Powell County
- The average income of a Powell County resident is $16,544 a year. The US average is $28,555 a year.
- The Median household income of a Powell County resident is $39,493 a year. The US average is $69,021 a year.