Hillsboro, KY (41049) is a small town in northern Kentucky. It is best characterized for its low cost of living and local businesses that provide a sense of community pride. The two bedroom rent in Hillsboro is $720, which is much lower than the US average of $1,430. Additionally, the grocery cost index in Hillsboro is 95 compared to 100 in the US. Some popular companies located in Hillsboro are Hicks Auto Supply & Machine Shop, McVille Water Treatment Plant, and Elmer's Hardware & Paint Store. With many inexpensive options for housing and goods, it’s easy to see why Hillsboro has become an attractive option for those looking to save money on their cost of living.
Hillsboro (zip 41049) has an unemployment rate of 5.4%. The US average is 6.0%.
Hillsboro (zip 41049) 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 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Hillsboro (zip 41049)
- The Sales Tax Rate for Hillsboro (zip 41049) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hillsboro (zip 41049) is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hillsboro (zip 41049)
- The average income of a Hillsboro (zip 41049) resident is $18,727 a year. The US average is $28,555 a year.
- The Median household income of a Hillsboro (zip 41049) resident is $43,047 a year. The US average is $69,021 a year.