The city of Sharon Grove, Kentucky is an idyllic southern town with a population of 42280. Rent for a two bedroom apartment or home in the city is significantly lower than the US average, with rental costs at only around $720. The grocery cost index also tends to be lower here at 93 compared to the US average of 100. With its low cost of living and friendly community, Sharon Grove is an ideal place to call home.
Sharon Grove offers plenty to do for residents, from visiting one of the many local businesses like C&C Auto Repair and Dimples Beauty Salon, to taking advantage of its nearby rivers and lakes for recreational activities such as fishing and canoeing. The nearby Lake Barkley State Resort Park also provides camping and boating opportunities.
In addition to its affordable rent prices and plethora of recreational activities, Sharon Grove also boasts a variety of quaint restaurants like Mama Jean's Cafe & Bakery and Stuart's Grocery Store that are frequented by locals everyday. Plus, there are several schools in the district including both elementary and secondary education. Lastly, Sharon Grove has recently been recognized by CNN Money Magazine as one of the top 10 best places to live in Kentucky.
Sharon Grove (zip 42280) has an unemployment rate of 3.8%. The US average is 6.0%.
Sharon Grove (zip 42280) has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Sharon Grove (zip 42280)
- The Sales Tax Rate for Sharon Grove (zip 42280) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sharon Grove (zip 42280) 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 Sharon Grove (zip 42280)
- The average income of a Sharon Grove (zip 42280) resident is $25,933 a year. The US average is $37,638 a year.
- The Median household income of a Sharon Grove (zip 42280) resident is $76,406 a year. The US average is $69,021 a year.