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Economy in Bedford, Kentucky

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyBedford, KYUnited States
Unemployment Rate11.40%9.10%
Recent Job Growth-1.49%-0.12%
Future Job Growth25.62%31.25%
Sales Taxes6.00%6.80%
Income Taxes6.00%6.25%
Income per Cap.$21,293$27,067
Household Income$43,877$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K15.75%12.10%
Income between 15K and 25K9.93%10.18%
Income between 25K and 35K13.70%10.56%
Income between 35K and 50K18.15%14.98%
Income between 50K and 75K20.21%19.53%
Income between 75K and 100K11.30%12.52%
Income between 100K and 150K7.87%12.14%
Income between 150K and 250K2.05%3.91%
Income between 250K and 500K0.68%3.34%
Income greater than 500K0.34%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations11.80%13.81%
Professional and Related Occupations16.52%22.68%
Service13.86%14.51%
Sales and Office22.12%25.22%
Farming, Fishing, and Forestry1.18%0.68%
Construction, Extraction, and Maintenance16.22%9.37%
Production, Transportation, and Material Moving25.96%15.86%
Median Household Income

The unemployment rate in Bedford, KY, is 11.40%, with job growth of -1.49%. Future job growth over the next ten years is predicted to be 25.62%.

Bedford, KY Taxes

Bedford, KY,sales tax rate is 6.00%. Income tax is 6.00%.

Bedford, KY Income and Salaries

The income per capita is $21,293, which includes all adults and children. The median household income is $43,877.


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