Oakland, KY is a small town located in the heart of Kentucky with a population of 42159. It's located just 10 miles from Bowling Green and 30 miles from Nashville, TN. In Oakland, 2 bedroom rent is $930 which is much lower than the national average of $1,430. This makes it an attractive place to live for those seeking more affordable housing. Additionally, Oakland has a lower Grocery Cost Index than the US at 97 versus 100.
Oakland offers locals plenty to do and see with businesses such as Mammoth Cave National Park, Lost River Cave Boat Tours, The Historic Rail Park & Train Museum, The National Corvette Museum and several other attractions. For local eateries, residents can choose between restaurants such as The Firehouse Restaurant or Don Juan Mexican Restaurant & Cantina for some delicious food.
Overall I think that Oakland is great for those looking for an affordable living situation along with plenty of things to do within close proximity. With its low rent costs and Grocery Cost Index compared to the US makes it even more appealing!
Oakland (zip 42159) has an unemployment rate of 4.5%. The US average is 6.0%.
Oakland (zip 42159) 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 45.9%, which is higher than the US average of 33.5%.
Tax Rates for Oakland (zip 42159)
- The Sales Tax Rate for Oakland (zip 42159) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Oakland (zip 42159) 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 Oakland (zip 42159)
- The average income of a Oakland (zip 42159) resident is $38,847 a year. The US average is $37,638 a year.
- The Median household income of a Oakland (zip 42159) resident is $58,875 a year. The US average is $69,021 a year.