Middletown, KY is a thriving suburb of Louisville. This city is a great place to live for individuals and families alike due to its affordability and close proximity to the larger city. A 2 bedroom rent in Middletown is $1,390 while it is $1,430 in the US. Additionally, the grocery cost index in Middletown is equal to that of the US at 100. The economy of Middletown consists of small businesses and major employers such as Walmart and Amazon. This area also has easy access to local parks, recreation centers and other amenities which makes it desirable for potential residents.
Middletown has an unemployment rate of 5.0%. The US average is 6.0%.
Middletown has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 38.3%, which is higher than the US average of 33.5%.
Tax Rates for Middletown
- The Sales Tax Rate for Middletown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Middletown is 5.8%. The US average is 4.6%.
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Income and Salaries for Middletown
- The average income of a Middletown resident is $44,756 a year. The US average is $37,638 a year.
- The Median household income of a Middletown resident is $73,638 a year. The US average is $69,021 a year.