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Economy in Oakland, Kentucky

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

EconomyOakland, KYUnited States
Unemployment Rate7.10%8.60%
Recent Job Growth-2.63%0.35%
Future Job Growth27.64%32.10%
Sales Taxes6.00%5.00%
Income Taxes7.30%4.70%
Income per Cap.$21,923$26,154
Household Income$46,821$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K12.33%12.37%
Income between 15K and 25K9.59%10.53%
Income between 25K and 35K12.33%10.88%
Income between 35K and 50K19.18%15.37%
Income between 50K and 75K23.29%20.14%
Income between 75K and 100K13.70%12.41%
Income between 100K and 150K8.22%11.27%
Income between 150K and 250K1.37%5.01%
Income between 250K and 500K0.00%1.86%
Income greater than 500K0.00%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations16.28%14.04%
Professional and Related Occupations15.12%20.61%
Service12.79%14.45%
Sales and Office24.42%26.75%
Farming, Fishing, and Forestry0.00%0.70%
Construction, Extraction, and Maintenance6.98%9.42%
Production, Transportation, and Material Moving24.42%14.05%


Median Household Income

The unemployment rate in Oakland, KY, is 7.10%, with job growth of -2.63%. Future job growth over the next ten years is predicted to be 27.64%.

Oakland, KY Taxes

Oakland, KY,sales tax rate is 6.00%. Income tax is 7.30%.

Oakland, KY Income and Salaries

The income per capita is $21,923, which includes all adults and children. The median household income is $46,821.


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