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Economy in London, Kentucky

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyLondon, KYUnited States
Unemployment Rate12.10%9.10%
Recent Job Growth4.52%-0.12%
Future Job Growth36.94%31.25%
Sales Taxes6.00%6.80%
Income Taxes6.00%6.25%
Income per Cap.$21,419$27,067
Household Income$35,980$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K25.13%12.10%
Income between 15K and 25K12.32%10.18%
Income between 25K and 35K11.54%10.56%
Income between 35K and 50K17.50%14.98%
Income between 50K and 75K19.39%19.53%
Income between 75K and 100K5.44%12.52%
Income between 100K and 150K5.08%12.14%
Income between 150K and 250K1.40%3.91%
Income between 250K and 500K1.80%3.34%
Income greater than 500K0.39%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations11.95%13.81%
Professional and Related Occupations24.30%22.68%
Service14.84%14.51%
Sales and Office29.67%25.22%
Farming, Fishing, and Forestry0.10%0.68%
Construction, Extraction, and Maintenance6.58%9.37%
Production, Transportation, and Material Moving19.44%15.86%
Median Household Income

The unemployment rate in London, KY, is 12.10%, with job growth of 4.52%. Future job growth over the next ten years is predicted to be 36.94%.

London, KY Taxes

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

London, KY Income and Salaries

The income per capita is $21,419, which includes all adults and children. The median household income is $35,980.


London Economy SperlingViews

Great town!: I've lived in London my whole life and I would never want to be anywhere else. It has grown by leaps & bounds over the past 20 years, but still manages to change for the... (read more)Have an opinion about London? Leave a commentTo See All SperlingViews for London Click Here