Middlesborough, KY Metro Area offers a unique combination of affordability and urban amenities. The area has an average 2 bedroom rent rate that is $690 below the US average. This makes it an attractive place to live for those who are looking to save money while still being close to all the conveniences of city life. For those on a tight budget, the local grocery cost index is also lower than the national average at 91 versus 100.
The Middlesborough, KY Metro Area is home to several businesses such as Southeast Kentucky Community and Technical College, Kentucky Power Co., and St. Joseph Hospital London. Additionally, there is a vibrant arts scene in the area with art galleries such as Union Street Gallery and Appalachian Center for Craft. There are also great restaurants like La Salsita Mexican Restaurant and Fat Boy’s BBQ Pit offering delicious food at affordable prices.
Overall, Middlesborough, KY Metro Area provides its residents with an excellent quality of life that balances affordability with access to modern amenities. With its lower than average housing costs and groceries as well as numerous businesses and recreational activities, it is easy to see why this area is such a popular destination for those looking for a place to call home.
Middlesborough Metro Area has an unemployment rate of 5.9%. The US average is 6.0%.
Middlesborough Metro Area has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Middlesborough Metro Area
- The Sales Tax Rate for Middlesborough Metro Area is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Middlesborough Metro Area is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Middlesborough Metro Area
- The average income of a Middlesborough Metro Area resident is $14,657 a year. The US average is $28,555 a year.
- The Median household income of a Middlesborough Metro Area resident is $32,123 a year. The US average is $69,021 a year.