Owsley County, KY Economy


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United States / Kentucky / No Metro Area / Owsley County / Cities / Zip Codes
Owsley, KY County is an area known for its affordability and low cost of living. The average 2 bedroom rent is $740, significantly lower than the US average of $1,430. Additionally, Owsley has a grocery cost index of 92 compared to the national average of 100 – making it a great place to live for those on a budget. Popular local companies in the area include Epley-Collins Industries, Johnson Lumber & Mining Co., and Jacob & Johnson Inc.

Owsley County has an unemployment rate of 7.8%. The US average is 6.0%.

Owsley County has seen the job market increase by 4.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Owsley County
- The Sales Tax Rate for Owsley County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Owsley County is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Owsley County
- The average income of a Owsley County resident is $14,591 a year. The US average is $28,555 a year.
- The Median household income of a Owsley County resident is $29,340 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOwsley, KentuckyUnited States
  7.86
  -3.3%-6.2%
  24.2%33.5%
  6.0%6.2%
  5.0%4.6%
  $18,097$37,638
  $29,340$69,021
  $43,036$85,028
  Population by Occupation
  1.6%1.2%
  0.4%0.5%
  10.5%6.8%
  11.2%10.0%
  0.0%2.5%
  6.3%11.0%
  1.7%4.8%
  5.7%0.8%
  1.4%1.9%
  3.7%4.7%
  0.6%1.9%
  1.3%7.6%
  0.0%0.1%
  2.7%4.2%
  12.5%9.3%
  18.4%14.0%
  1.3%2.1%
  5.2%7.0%
  6.3%4.8%
  9.1%4.7%
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