Economy in Bancroft, Kentucky
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Economy
| Unemployment Rate | 10.40% | 9.10% |
| Recent Job Growth | 1.47% | -0.12% |
| Future Job Growth | 32.54% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 6.00% | 6.25% |
| Income per Cap. | $44,343 | $27,067 |
| Household Income | $92,869 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 0.97% | 12.10% |
| Income between 15K and 25K | 5.31% | 10.18% |
| Income between 25K and 35K | 2.90% | 10.56% |
| Income between 35K and 50K | 10.63% | 14.98% |
| Income between 50K and 75K | 17.87% | 19.53% |
| Income between 75K and 100K | 16.91% | 12.52% |
| Income between 100K and 150K | 25.60% | 12.14% |
| Income between 150K and 250K | 8.70% | 3.91% |
| Income between 250K and 500K | 9.66% | 3.34% |
| Income greater than 500K | 1.45% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 23.32% | 13.81% |
| Professional and Related Occupations | 35.78% | 22.68% |
| Service | 6.39% | 14.51% |
| Sales and Office | 26.84% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 2.88% | 9.37% |
| Production, Transportation, and Material Moving | 5.43% | 15.86% |
The unemployment rate in Bancroft, KY, is 10.40%, with job growth of 1.47%. Future job growth over the next ten years is predicted to be 32.54%.
Bancroft, KY Taxes
Bancroft, KY,sales tax rate is 6.00%. Income tax is 6.00%.
Bancroft, KY Income and Salaries
The income per capita is $44,343, which includes all adults and children. The median household income is $92,869.
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