Woodford County, KY Economy


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United States / Kentucky / / Woodford County / Cities / Zip Codes
Woodford, KY County is a great place to live with an affordable cost of living. The average 2 bedroom rent rate is $1,030 compared to the US average at $1,430. The grocery cost index is also very reasonable at 99 compared to 100 in the US. There are plenty of local businesses and attractions to explore such as Woodford County Historical Society, Kentucky River Winery, and My Favorite Things Antiques & Collectibles. This area has a lot to offer its residents from outdoor activities in the parks to shopping centers and historic landmarks.

Woodford County has an unemployment rate of 3.8%. The US average is 6.0%.

Woodford County has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.

Tax Rates for Woodford County
- The Sales Tax Rate for Woodford County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Woodford County is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Woodford County
- The average income of a Woodford County resident is $29,995 a year. The US average is $28,555 a year.
- The Median household income of a Woodford County resident is $72,765 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoodford, KentuckyUnited States
  3.86
  -3.0%-6.2%
  35.3%33.5%
  6.0%6.2%
  6.5%4.6%
  $35,150$37,638
  $72,765$69,021
  $90,063$85,028
  Population by Occupation
  6.5%1.2%
  0.0%0.5%
  4.4%6.8%
  9.9%10.0%
  4.9%2.5%
  10.5%11.0%
  2.9%4.8%
  0.7%0.8%
  1.9%1.9%
  3.8%4.7%
  1.4%1.9%
  6.7%7.6%
  0.0%0.1%
  3.6%4.2%
  10.7%9.3%
  11.2%14.0%
  1.9%2.1%
  5.1%7.0%
  7.4%4.8%
  6.5%4.7%
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