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Economy in Richmond, Kentucky

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Economy
EconomyRichmond, KYUnited States
Unemployment Rate7.80%9.10%
Recent Job Growth2.09%-0.12%
Future Job Growth36.38%31.25%
Sales Taxes6.00%6.80%
Income Taxes6.00%6.25%
Income per Cap.$19,803$27,067
Household Income$33,419$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K24.40%12.10%
Income between 15K and 25K14.57%10.18%
Income between 25K and 35K13.09%10.56%
Income between 35K and 50K14.33%14.98%
Income between 50K and 75K15.43%19.53%
Income between 75K and 100K8.98%12.52%
Income between 100K and 150K5.93%12.14%
Income between 150K and 250K1.41%3.91%
Income between 250K and 500K1.58%3.34%
Income greater than 500K0.29%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.21%13.81%
Professional and Related Occupations23.27%22.68%
Service20.46%14.51%
Sales and Office25.48%25.22%
Farming, Fishing, and Forestry0.53%0.68%
Construction, Extraction, and Maintenance8.53%9.37%
Production, Transportation, and Material Moving14.25%15.86%
Median Household Income

The unemployment rate in Richmond, KY, is 7.80%, with job growth of 2.09%. Future job growth over the next ten years is predicted to be 36.38%.

Richmond, KY Taxes

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

Richmond, KY Income and Salaries

The income per capita is $19,803, which includes all adults and children. The median household income is $33,419.


Richmond Economy SperlingViews

Description: Major university town of small size (30,000), and conveniently located 30 miles from Lexington,... (read more)Richmond, Kentucky Healthcare Comments: Limited Healthcare Options Local Hospital not well respected Some difficulty in getting and then keeping quality Providers Local Health Concern with the Bluegrass... (read more)Have an opinion about Richmond? Leave a commentTo See All SperlingViews for Richmond Click Here