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Economy in Corbin, Kentucky

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

Economy
EconomyCorbin, KYUnited States
Unemployment Rate11.80%9.10%
Recent Job Growth2.28%-0.12%
Future Job Growth32.76%31.25%
Sales Taxes6.00%6.80%
Income Taxes6.00%6.25%
Income per Cap.$16,959$27,067
Household Income$25,535$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K32.42%12.10%
Income between 15K and 25K16.90%10.18%
Income between 25K and 35K13.23%10.56%
Income between 35K and 50K13.31%14.98%
Income between 50K and 75K12.15%19.53%
Income between 75K and 100K6.16%12.52%
Income between 100K and 150K3.73%12.14%
Income between 150K and 250K0.97%3.91%
Income between 250K and 500K1.02%3.34%
Income greater than 500K0.11%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.66%13.81%
Professional and Related Occupations23.58%22.68%
Service16.51%14.51%
Sales and Office33.81%25.22%
Farming, Fishing, and Forestry0.36%0.68%
Construction, Extraction, and Maintenance7.72%9.37%
Production, Transportation, and Material Moving17.70%15.86%
Median Household Income

The unemployment rate in Corbin, KY, is 11.80%, with job growth of 2.28%. Future job growth over the next ten years is predicted to be 32.76%.

Corbin, KY Taxes

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

Corbin, KY Income and Salaries

The income per capita is $16,959, which includes all adults and children. The median household income is $25,535.


Corbin Economy SperlingViews

Corbin Education: The local independent/city school Corbin Independent School Systems, is a very good system, particularly for the area. There are two nearby colleges in the surrounding... (read more)re: Corbin Ky - 7/9/2007: This review is incoherent and ill-informed. First of all, if you have RECC, you're well outside the city limits (or, KU, for that matter). Corbin's city utilities are... (read more)re: Behind the Times - 5/12/2006: This person's reviews should be totally disregarded, as it is obvious they haven't actually lived there in years. In fact, the town started having restaurant alcohol... (read more)Have an opinion about Corbin? Leave a commentTo See All SperlingViews for Corbin Click Here