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Economy in Mayfield, Kentucky

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyMayfield, KYUnited States
Unemployment Rate9.80%9.10%
Recent Job Growth2.30%-0.12%
Future Job Growth34.80%31.25%
Sales Taxes6.00%6.80%
Income Taxes6.00%6.25%
Income per Cap.$16,831$27,067
Household Income$24,595$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K30.57%12.10%
Income between 15K and 25K20.40%10.18%
Income between 25K and 35K10.73%10.56%
Income between 35K and 50K13.99%14.98%
Income between 50K and 75K12.05%19.53%
Income between 75K and 100K4.50%12.52%
Income between 100K and 150K5.60%12.14%
Income between 150K and 250K0.89%3.91%
Income between 250K and 500K1.14%3.34%
Income greater than 500K0.14%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.98%13.81%
Professional and Related Occupations18.30%22.68%
Service14.42%14.51%
Sales and Office28.52%25.22%
Farming, Fishing, and Forestry4.26%0.68%
Construction, Extraction, and Maintenance8.24%9.37%
Production, Transportation, and Material Moving22.99%15.86%
Median Household Income

The unemployment rate in Mayfield, KY, is 9.80%, with job growth of 2.30%. Future job growth over the next ten years is predicted to be 34.80%.

Mayfield, KY Taxes

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

Mayfield, KY Income and Salaries

The income per capita is $16,831, which includes all adults and children. The median household income is $24,595.


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