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Economy in Mount Sterling, Kentucky

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyMount Sterling, KYUnited States
Unemployment Rate11.60%9.10%
Recent Job Growth2.05%-0.12%
Future Job Growth32.50%31.25%
Sales Taxes6.00%6.80%
Income Taxes6.00%6.25%
Income per Cap.$21,855$27,067
Household Income$34,812$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K21.11%12.10%
Income between 15K and 25K15.68%10.18%
Income between 25K and 35K13.44%10.56%
Income between 35K and 50K15.75%14.98%
Income between 50K and 75K15.68%19.53%
Income between 75K and 100K7.47%12.52%
Income between 100K and 150K7.07%12.14%
Income between 150K and 250K1.81%3.91%
Income between 250K and 500K1.88%3.34%
Income greater than 500K0.10%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations15.26%13.81%
Professional and Related Occupations17.28%22.68%
Service10.41%14.51%
Sales and Office19.31%25.22%
Farming, Fishing, and Forestry0.10%0.68%
Construction, Extraction, and Maintenance9.27%9.37%
Production, Transportation, and Material Moving37.37%15.86%
Median Household Income

The unemployment rate in Mount Sterling, KY, is 11.60%, with job growth of 2.05%. Future job growth over the next ten years is predicted to be 32.50%.

Mount Sterling, KY Taxes

Mount Sterling, KY,sales tax rate is 6.00%. Income tax is 6.00%.

Mount Sterling, KY Income and Salaries

The income per capita is $21,855, which includes all adults and children. The median household income is $34,812.


Mount Sterling Economy SperlingViews

Real Estate Market: Mt. Sterling is still growing with real estate sales continuing. The market is a buyers market and alot of inventory is available. Mt. Sterling is a great community to... (read more)Have an opinion about Mount Sterling? Leave a commentTo See All SperlingViews for Mount Sterling Click Here