Economy in Florence, Kentucky
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Economy
| Unemployment Rate | 8.70% | 9.10% |
| Recent Job Growth | 0.96% | -0.12% |
| Future Job Growth | 33.22% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 6.00% | 6.25% |
| Income per Cap. | $23,649 | $27,067 |
| Household Income | $49,055 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 13.34% | 12.10% |
| Income between 15K and 25K | 11.31% | 10.18% |
| Income between 25K and 35K | 10.10% | 10.56% |
| Income between 35K and 50K | 16.27% | 14.98% |
| Income between 50K and 75K | 23.70% | 19.53% |
| Income between 75K and 100K | 12.91% | 12.52% |
| Income between 100K and 150K | 9.22% | 12.14% |
| Income between 150K and 250K | 1.85% | 3.91% |
| Income between 250K and 500K | 1.20% | 3.34% |
| Income greater than 500K | 0.09% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 12.44% | 13.81% |
| Professional and Related Occupations | 16.59% | 22.68% |
| Service | 12.02% | 14.51% |
| Sales and Office | 29.44% | 25.22% |
| Farming, Fishing, and Forestry | 0.06% | 0.68% |
| Construction, Extraction, and Maintenance | 6.10% | 9.37% |
| Production, Transportation, and Material Moving | 19.63% | 15.86% |
The unemployment rate in Florence, KY, is 8.70%, with job growth of 0.96%. Future job growth over the next ten years is predicted to be 33.22%.
Florence, KY Taxes
Florence, KY,sales tax rate is 6.00%. Income tax is 6.00%.
Florence, KY Income and Salaries
The income per capita is $23,649, which includes all adults and children. The median household income is $49,055.
Florence Economy SperlingViews
Climate in Florence KY: Not to hot in the summer, not many really "cold" days in the winter. Pretty mild... (read more)You'll Never forget your home-town: Raised in Northern kentucky my entire life, I moved to San Antonio Texas last year at age 19. I am now 20, and have a soft spot for Florence... It's a suburban culture,... (read more)Perfect excect for ----: This is a wonderful place to live and retire if one could get rid of whatever it is that causes sinus problems. Cost of living is low, income tax for retirees is good,... (read more)Have an opinion about Florence? Leave a commentTo See All SperlingViews for Florence Click Here