Wheatcroft, KY is a small town located in a rural area of Kentucky with limited economic opportunities and employment prospects. Despite this, there is still a vibrant community in Wheatcroft with many local businesses such as Caudill's Hardware Store, Wheatcroft Supermarket, and Wheatcroft Post Office providing essential services to its inhabitants. The cost of housing in Wheatcroft is much lower than the US average with 2 Bedroom Rent being $670 compared the US average of $1,430. Additionally, the Grocery Cost Index for Wheatcroft is 87 versus 100 for the US on average making it relatively cheaper to buy groceries in Wheatcroft than elsewhere. In general, Wheatcroft has a lower cost of living when compared to the US as a whole making it an attractive place to live for those looking to save money.
Wheatcroft has an unemployment rate of 4.9%. The US average is 6.0%.
Wheatcroft has seen the job market decrease by -8.2% over the last year. Future job growth over the next ten years is predicted to be 19.4%, which is lower than the US average of 33.5%.
Tax Rates for Wheatcroft
- The Sales Tax Rate for Wheatcroft is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wheatcroft is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Wheatcroft
- The average income of a Wheatcroft resident is $19,784 a year. The US average is $37,638 a year.
- The Median household income of a Wheatcroft resident is $36,875 a year. The US average is $69,021 a year.