Economy in Newport, Kentucky
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Economy
| Unemployment Rate | 10.30% | 9.10% |
| Recent Job Growth | 1.27% | -0.12% |
| Future Job Growth | 32.24% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 6.00% | 6.25% |
| Income per Cap. | $21,577 | $27,067 |
| Household Income | $38,640 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 20.78% | 12.10% |
| Income between 15K and 25K | 11.96% | 10.18% |
| Income between 25K and 35K | 13.21% | 10.56% |
| Income between 35K and 50K | 17.51% | 14.98% |
| Income between 50K and 75K | 18.24% | 19.53% |
| Income between 75K and 100K | 8.04% | 12.52% |
| Income between 100K and 150K | 7.00% | 12.14% |
| Income between 150K and 250K | 1.31% | 3.91% |
| Income between 250K and 500K | 1.59% | 3.34% |
| Income greater than 500K | 0.36% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.36% | 13.81% |
| Professional and Related Occupations | 15.81% | 22.68% |
| Service | 17.08% | 14.51% |
| Sales and Office | 32.19% | 25.22% |
| Farming, Fishing, and Forestry | 0.09% | 0.68% |
| Construction, Extraction, and Maintenance | 9.07% | 9.37% |
| Production, Transportation, and Material Moving | 20.24% | 15.86% |
The unemployment rate in Newport, KY, is 10.30%, with job growth of 1.27%. Future job growth over the next ten years is predicted to be 32.24%.
Newport, KY Taxes
Newport, KY,sales tax rate is 6.00%. Income tax is 6.00%.
Newport, KY Income and Salaries
The income per capita is $21,577, which includes all adults and children. The median household income is $38,640.
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