Economy in Albany, Kentucky
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Economy
| Unemployment Rate | 11.00% | 9.10% |
| Recent Job Growth | 2.13% | -0.12% |
| Future Job Growth | 33.26% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 6.00% | 6.25% |
| Income per Cap. | $18,273 | $27,067 |
| Household Income | $22,931 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 35.82% | 12.10% |
| Income between 15K and 25K | 18.10% | 10.18% |
| Income between 25K and 35K | 10.54% | 10.56% |
| Income between 35K and 50K | 11.38% | 14.98% |
| Income between 50K and 75K | 12.97% | 19.53% |
| Income between 75K and 100K | 6.53% | 12.52% |
| Income between 100K and 150K | 2.24% | 12.14% |
| Income between 150K and 250K | 0.37% | 3.91% |
| Income between 250K and 500K | 1.68% | 3.34% |
| Income greater than 500K | 0.37% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.23% | 13.81% |
| Professional and Related Occupations | 16.22% | 22.68% |
| Service | 18.54% | 14.51% |
| Sales and Office | 22.83% | 25.22% |
| Farming, Fishing, and Forestry | 1.39% | 0.68% |
| Construction, Extraction, and Maintenance | 10.20% | 9.37% |
| Production, Transportation, and Material Moving | 30.01% | 15.86% |
The unemployment rate in Albany, KY, is 11.00%, with job growth of 2.13%. Future job growth over the next ten years is predicted to be 33.26%.
Albany, KY Taxes
Albany, KY,sales tax rate is 6.00%. Income tax is 6.00%.
Albany, KY Income and Salaries
The income per capita is $18,273, which includes all adults and children. The median household income is $22,931.
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