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Economy in Morehead, Kentucky

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

EconomyMorehead, KYUnited States
Unemployment Rate7.90%8.60%
Recent Job Growth0.40%0.35%
Future Job Growth32.90%32.10%
Sales Taxes6.00%5.00%
Income Taxes8.30%4.70%
Income per Cap.$18,813$26,154
Household Income$29,383$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K27.16%12.37%
Income between 15K and 25K16.66%10.53%
Income between 25K and 35K13.35%10.88%
Income between 35K and 50K13.08%15.37%
Income between 50K and 75K15.12%20.14%
Income between 75K and 100K6.02%12.41%
Income between 100K and 150K6.16%11.27%
Income between 150K and 250K1.95%5.01%
Income between 250K and 500K0.54%1.86%
Income greater than 500K0.00%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations8.08%14.04%
Professional and Related Occupations29.31%20.61%
Service16.30%14.45%
Sales and Office30.63%26.75%
Farming, Fishing, and Forestry0.57%0.70%
Construction, Extraction, and Maintenance5.65%9.42%
Production, Transportation, and Material Moving9.44%14.05%


Median Household Income

The unemployment rate in Morehead, KY, is 7.90%, with job growth of 0.40%. Future job growth over the next ten years is predicted to be 32.90%.

Morehead, KY Taxes

Morehead, KY,sales tax rate is 6.00%. Income tax is 8.30%.

Morehead, KY Income and Salaries

The income per capita is $18,813, which includes all adults and children. The median household income is $29,383.


Morehead Economy SperlingViews

Cultural Pearl and Gateway to Eastern KY: Morehead State University is the regional cultural anchor in Eastern KY. In addition to MSU, the KY Folk Art Center, Cave Run Lake, and the site of many regional... (read more)Wonderful place to live!: Morehead, Kentucky, is a wonderful place to live for me. It has the cozy, safe, friendly small-town atmosphere and is surrounded by forest. In minutes, I can be lakeside... (read more)Have an opinion about Morehead? Leave a commentTo See All SperlingViews for Morehead Click Here