Russell, KY County is an attractive place to live, with its affordable cost of living and variety of local companies. The median two-bedroom rent in Russell stands at $740 per month, making it significantly more affordable than the US average of $1,430. Likewise, the Grocery Cost Index in Russell is 93 compared to 100 nationally. In Russell, there are plenty of local businesses that make it a great place to call home. Some popular companies include Kentucky Fried Chicken (KFC), Walmart, Great American Cookies, and the Adair County News newspaper. With all these amenities available in Russell County, it makes it a great place to live and work.
Russell County has an unemployment rate of 5.9%. The US average is 6.0%.
Russell County has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 38.9%, which is higher than the US average of 33.5%.
Tax Rates for Russell County
- The Sales Tax Rate for Russell County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Russell County is 6.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Russell County
- The average income of a Russell County resident is $17,181 a year. The US average is $28,555 a year.
- The Median household income of a Russell County resident is $41,851 a year. The US average is $69,021 a year.