Stearns, KY is a small town in McCreary County. It has a population of about 500 people. The cost of living in Stearns is relatively low, with 2 bedroom rent averaging $670 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Stearns is 92 versus 100 in the US. This means that groceries are 8% cheaper than average in Stearns than elsewhere in the country. \nLocal businesses in Stearns consist mainly of small retail stores and restaurants including Little General Store, H&W Grocery Store, Good News Pizza and Barbecue Shack Restaurant. These companies provide the community with basic amenities as well as local jobs for residents of Stearns. The low rent and cost of groceries make it possible for locals to live comfortably despite their modest salaries - another key factor that makes living here so attractive.
Stearns has an unemployment rate of 6.4%. The US average is 6.0%.
Stearns has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Stearns
- The Sales Tax Rate for Stearns is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Stearns is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Stearns
- The average income of a Stearns resident is $18,328 a year. The US average is $37,638 a year.
- The Median household income of a Stearns resident is $38,333 a year. The US average is $69,021 a year.