Simpson, KY County is an excellent place to live for those looking for a bargain. The average two bedroom rent of $870 is much lower than the national average of $1,430. Furthermore, the Grocery Cost Index in Simpson is 96 compared to 100 in the US. Coupled with these positive factors, there are several local businesses that provide employment opportunities. Notable companies include Simpson Manufacturing Company, which produces items for industrial and agricultural use, and Rockcastle Transportation Solutions, which offers a variety of transportation services. Other companies to consider for employment options are Carver Lumber Co., which manufactures wood products, and Fishers Hardware Co., which provides hardware supplies. With its low cost of living and numerous job opportunities, Simpson County is an ideal destination for those who want to save money while still having ample employment prospects.
Simpson County has an unemployment rate of 4.4%. The US average is 6.0%.
Simpson County has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Simpson County
- The Sales Tax Rate for Simpson County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Simpson County is 6.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Simpson County
- The average income of a Simpson County resident is $18,840 a year. The US average is $28,555 a year.
- The Median household income of a Simpson County resident is $53,420 a year. The US average is $69,021 a year.