Bowling Green, Kentucky has an overall cost of living that is lower than the national average. The two-bedroom rent in this area is $990, compared to the US two-bedroom rent of $1,430. Grocery costs in Bowling Green are also lower than other areas in the US with an index of 100 versus the US index of 100. There are many local companies in 42103 Bowling Green, KY such as S & S Industries, Houchens Industries Inc., and Fruit of the Loom LLC. S & S Industries provides metal fabrication services to a wide variety of customers while Houchens Industries Inc., focuses on food service management and distribution. Lastly, Fruit of the Loom LLC manufactures and sells apparel products for men, women and children. For those looking for affordable housing options with access to quality businesses, Bowling Green is worth considering.
Bowling Green (zip 42103) has an unemployment rate of 4.7%. The US average is 6.0%.
Bowling Green (zip 42103) has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 46.4%, which is higher than the US average of 33.5%.
Tax Rates for Bowling Green (zip 42103)
- The Sales Tax Rate for Bowling Green (zip 42103) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bowling Green (zip 42103) is 9.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bowling Green (zip 42103)
- The average income of a Bowling Green (zip 42103) resident is $34,575 a year. The US average is $28,555 a year.
- The Median household income of a Bowling Green (zip 42103) resident is $72,288 a year. The US average is $69,021 a year.