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Economy in Madisonville, Kentucky

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyMadisonville, KYUnited States
Unemployment Rate9.30%9.10%
Recent Job Growth0.19%-0.12%
Future Job Growth31.08%31.25%
Sales Taxes6.00%6.80%
Income Taxes6.00%6.25%
Income per Cap.$23,614$27,067
Household Income$40,375$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K16.19%12.10%
Income between 15K and 25K15.54%10.18%
Income between 25K and 35K12.19%10.56%
Income between 35K and 50K16.95%14.98%
Income between 50K and 75K19.21%19.53%
Income between 75K and 100K9.16%12.52%
Income between 100K and 150K6.42%12.14%
Income between 150K and 250K2.22%3.91%
Income between 250K and 500K1.70%3.34%
Income greater than 500K0.40%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations11.37%13.81%
Professional and Related Occupations21.27%22.68%
Service13.49%14.51%
Sales and Office22.29%25.22%
Farming, Fishing, and Forestry0.65%0.68%
Construction, Extraction, and Maintenance13.03%9.37%
Production, Transportation, and Material Moving22.49%15.86%
Median Household Income

The unemployment rate in Madisonville, KY, is 9.30%, with job growth of 0.19%. Future job growth over the next ten years is predicted to be 31.08%.

Madisonville, KY Taxes

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

Madisonville, KY Income and Salaries

The income per capita is $23,614, which includes all adults and children. The median household income is $40,375.


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