Economy in Berea, Kentucky
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Economy
| Unemployment Rate | 8.60% | 9.10% |
| Recent Job Growth | 2.18% | -0.12% |
| Future Job Growth | 35.76% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 6.00% | 6.25% |
| Income per Cap. | $19,845 | $27,067 |
| Household Income | $40,641 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 18.27% | 12.10% |
| Income between 15K and 25K | 12.85% | 10.18% |
| Income between 25K and 35K | 12.48% | 10.56% |
| Income between 35K and 50K | 17.57% | 14.98% |
| Income between 50K and 75K | 18.71% | 19.53% |
| Income between 75K and 100K | 10.16% | 12.52% |
| Income between 100K and 150K | 7.09% | 12.14% |
| Income between 150K and 250K | 2.07% | 3.91% |
| Income between 250K and 500K | 0.70% | 3.34% |
| Income greater than 500K | 0.09% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 13.47% | 13.81% |
| Professional and Related Occupations | 26.59% | 22.68% |
| Service | 15.76% | 14.51% |
| Sales and Office | 22.96% | 25.22% |
| Farming, Fishing, and Forestry | 1.35% | 0.68% |
| Construction, Extraction, and Maintenance | 8.56% | 9.37% |
| Production, Transportation, and Material Moving | 20.94% | 15.86% |
The unemployment rate in Berea, KY, is 8.60%, with job growth of 2.18%. Future job growth over the next ten years is predicted to be 35.76%.
Berea, KY Taxes
Berea, KY,sales tax rate is 6.00%. Income tax is 6.00%.
Berea, KY Income and Salaries
The income per capita is $19,845, which includes all adults and children. The median household income is $40,641.
Berea Economy SperlingViews
berea: berea is ok has a college, farming and decent... (read more)Community: Berea is a wonderful community were people greet you with a friendly smile. Located at exit 76 on I75 it is 45 minutes from Lexington Ky and 2 hrs out of Knoxville Tn.... (read more)Wonderful Berea: Berea is a great community and wonderful place to live. It is a small town atmosphere with beautiful mountains to hike and crafts to see. It is convenient to Lexington... (read more)Have an opinion about Berea? Leave a commentTo See All SperlingViews for Berea Click Here