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Economy in Cambridge, Kentucky

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyCambridge, KYUnited States
Unemployment Rate10.40%9.10%
Recent Job Growth1.47%-0.12%
Future Job Growth32.54%31.25%
Sales Taxes6.00%6.80%
Income Taxes6.00%6.25%
Income per Cap.$30,261$27,067
Household Income$61,347$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K2.94%12.10%
Income between 15K and 25K10.29%10.18%
Income between 25K and 35K11.76%10.56%
Income between 35K and 50K13.24%14.98%
Income between 50K and 75K26.47%19.53%
Income between 75K and 100K17.65%12.52%
Income between 100K and 150K13.23%12.14%
Income between 150K and 250K1.47%3.91%
Income between 250K and 500K2.94%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations26.32%13.81%
Professional and Related Occupations26.32%22.68%
Service7.89%14.51%
Sales and Office35.53%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance7.89%9.37%
Production, Transportation, and Material Moving14.47%15.86%
Median Household Income

The unemployment rate in Cambridge, KY, is 10.40%, with job growth of 1.47%. Future job growth over the next ten years is predicted to be 32.54%.

Cambridge, KY Taxes

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

Cambridge, KY Income and Salaries

The income per capita is $30,261, which includes all adults and children. The median household income is $61,347.


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