Cave City, KY (42127) is a small town located in Barren County, Kentucky. With a population of just over 1,700 people, Cave City is a relatively quiet community that has a low cost of living. The average rent for a two-bedroom apartment in Cave City is $730 per month which is significantly lower than the US average of $1,430. Additionally, the city's Grocery Cost Index is 94 versus the US average of 100, showing that groceries are comparatively cheaper here.
Cave City has many local businesses to offer its citizens including Matthews Grocery Store and Debbie's Diner. Both have been around for many years and are well known throughout the city as excellent places to shop or eat. For those in need of professional services, there are options like Cave Country Veterinary Clinic or Cave City Pharmacy ready to meet any need.
Cave City (zip 42127) has an unemployment rate of 5.7%. The US average is 6.0%.
Cave City (zip 42127) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.
Tax Rates for Cave City (zip 42127)
- The Sales Tax Rate for Cave City (zip 42127) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cave City (zip 42127) 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 Cave City (zip 42127)
- The average income of a Cave City (zip 42127) resident is $21,412 a year. The US average is $37,638 a year.
- The Median household income of a Cave City (zip 42127) resident is $37,787 a year. The US average is $69,021 a year.