Glasgow, Kentucky is a small city located in the heart of the state. It is part of the larger Glasgow-Edmonton Metro Area, which is home to about 21,000 people. Despite its size, the area has plenty to offer in terms of employment opportunities and businesses. Top employers include Taylor Regional Hospital and The Citizens Bank & Trust Co., as well as several manufacturing plants. Cost of living in Glasgow is quite affordable compared to other cities; for instance, 2 bedroom rent averages around $740 compared to $1,430 in the US on average. The Grocery Cost Index in the area is also lower than US average at 94 versus 100 respectively. All in all, Glasgow provides a safe and accessible environment with plenty of activities for locals and visitors alike.
Glasgow Metro Area has an unemployment rate of 5.7%. The US average is 6.0%.
Glasgow Metro Area has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 36.0%, which is higher than the US average of 33.5%.
Tax Rates for Glasgow Metro Area
- The Sales Tax Rate for Glasgow Metro Area is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Glasgow Metro Area 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 Glasgow Metro Area
- The average income of a Glasgow Metro Area resident is $19,404 a year. The US average is $28,555 a year.
- The Median household income of a Glasgow Metro Area resident is $44,017 a year. The US average is $69,021 a year.