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Economy in Frankfort, Kentucky

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

Economy
EconomyFrankfort, KYUnited States
Unemployment Rate8.90%9.10%
Recent Job Growth1.30%-0.12%
Future Job Growth33.70%31.25%
Sales Taxes6.00%6.80%
Income Taxes6.00%6.25%
Income per Cap.$24,958$27,067
Household Income$41,675$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K17.69%12.10%
Income between 15K and 25K11.97%10.18%
Income between 25K and 35K12.52%10.56%
Income between 35K and 50K17.17%14.98%
Income between 50K and 75K17.79%19.53%
Income between 75K and 100K10.50%12.52%
Income between 100K and 150K9.30%12.14%
Income between 150K and 250K1.55%3.91%
Income between 250K and 500K1.35%3.34%
Income greater than 500K0.17%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.62%13.81%
Professional and Related Occupations21.57%22.68%
Service16.07%14.51%
Sales and Office27.53%25.22%
Farming, Fishing, and Forestry0.10%0.68%
Construction, Extraction, and Maintenance8.41%9.37%
Production, Transportation, and Material Moving16.16%15.86%
Median Household Income

The unemployment rate in Frankfort, KY, is 8.90%, with job growth of 1.30%. Future job growth over the next ten years is predicted to be 33.70%.

Frankfort, KY Taxes

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

Frankfort, KY Income and Salaries

The income per capita is $24,958, which includes all adults and children. The median household income is $41,675.


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