Small Town893 people

Van Lear, KY

Discover how far your salary goes in Van Lear. Compare taxes, rent, and living costs.

Cost Index
83
💚 Very Affordable
Population

893

State Tax

4.5%

1BR Rent

$893

/month

vs National

-36%

below avg

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Rent Prices in Van Lear

🏠

Studio

$714

/month

$8,568/year

Most Common
🛏️

1 Bedroom

$893

/month

$10,716/year

🏡

2 Bedroom

$1,205

/month

$14,460/year

🏘️

3 Bedroom

$1,562

/month

$18,744/year

Taxes in Kentucky

State Income Tax

Kentucky

4.5%

For a $100k salary, that's ~$4,500/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Van Lear, KY?

Van Lear has a cost of living index of 83, which is 17% below the national average. A 1-bedroom apartment costs around $893/month.

What is the state income tax in Kentucky?

Kentucky has a state income tax rate of approximately 4.5%. This is in addition to federal income tax.

How much is rent in Van Lear?

The median rent for a 1-bedroom apartment in Van Lear is $893/month. For a 2-bedroom, expect to pay around $1,205/month. This is 36% below the national average.

Is Van Lear a good place to live?

Van Lear is a small town with a population of 893. The cost of living is very affordable, making it more affordable than average for the US.

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