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Economy in Cumberland, Kentucky

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

EconomyCumberland, KYUnited States
Unemployment Rate10.10%8.60%
Recent Job Growth-0.51%0.35%
Future Job Growth28.88%32.10%
Sales Taxes6.00%5.00%
Income Taxes5.80%4.70%
Income per Cap.$13,358$26,154
Household Income$22,786$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K34.70%12.37%
Income between 15K and 25K17.41%10.53%
Income between 25K and 35K14.05%10.88%
Income between 35K and 50K12.97%15.37%
Income between 50K and 75K12.86%20.14%
Income between 75K and 100K5.19%12.41%
Income between 100K and 150K1.51%11.27%
Income between 150K and 250K0.76%5.01%
Income between 250K and 500K0.54%1.86%
Income greater than 500K0.00%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations7.41%14.04%
Professional and Related Occupations19.70%20.61%
Service22.05%14.45%
Sales and Office22.73%26.75%
Farming, Fishing, and Forestry0.34%0.70%
Construction, Extraction, and Maintenance14.98%9.42%
Production, Transportation, and Material Moving12.46%14.05%


Median Household Income

The unemployment rate in Cumberland, KY, is 10.10%, with job growth of -0.51%. Future job growth over the next ten years is predicted to be 28.88%.

Cumberland, KY Taxes

Cumberland, KY,sales tax rate is 6.00%. Income tax is 5.80%.

Cumberland, KY Income and Salaries

The income per capita is $13,358, which includes all adults and children. The median household income is $22,786.


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