Louisville, Kentucky Metro Area is a great place to live in the US. It has a reasonably low cost of living for those who are looking to rent a two-bedroom apartment at $1,040 per month. The Grocery Cost Index in Louisville is 97 compared to 100 in the US, meaning groceries are cheaper here than in other parts of the US. Companies and industries that have been thriving in this area include Kentucky Fried Chicken, Humana Health Insurance, Brown-Forman Corporation, GE Appliances, Maker's Mark Distillery and Churchill Downs racetrack. These businesses have been creating lots of job opportunities for the people of Louisville and its surrounding areas.
Louisville-Jefferson County Metro Area has an unemployment rate of 4.6%. The US average is 6.0%.
Louisville-Jefferson County Metro Area has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.
Tax Rates for Louisville-Jefferson County Metro Area
- The Sales Tax Rate for Louisville-Jefferson County Metro Area is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Louisville-Jefferson County Metro Area is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Louisville-Jefferson County Metro Area
- The average income of a Louisville-Jefferson County Metro Area resident is $27,488 a year. The US average is $28,555 a year.
- The Median household income of a Louisville-Jefferson County Metro Area resident is $64,533 a year. The US average is $69,021 a year.