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Economy in Corbin Metro Area, Kentucky

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

EconomyCorbin, KYUnited States
Unemployment Rate9.90%8.60%
Recent Job Growth-0.19%0.35%
Future Job Growth29.72%32.10%
Sales Taxes6.00%5.00%
Income Taxes5.80%4.70%
Income per Cap.$15,664$26,154
Household Income$27,577$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K28.45%12.37%
Income between 15K and 25K17.39%10.53%
Income between 25K and 35K14.72%10.88%
Income between 35K and 50K14.72%15.37%
Income between 50K and 75K12.79%20.14%
Income between 75K and 100K6.17%12.41%
Income between 100K and 150K3.65%11.27%
Income between 150K and 250K1.39%5.01%
Income between 250K and 500K0.68%1.86%
Income greater than 500K0.06%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations8.30%14.04%
Professional and Related Occupations17.64%20.61%
Service14.54%14.45%
Sales and Office23.39%26.75%
Farming, Fishing, and Forestry0.98%0.70%
Construction, Extraction, and Maintenance12.43%9.42%
Production, Transportation, and Material Moving22.71%14.05%


Median Household Income

The unemployment rate in Corbin Metro Area, KY, is 9.90%, with job growth of -0.19%. Future job growth over the next ten years is predicted to be 29.72%.

Corbin Metro Area, KY Taxes

Corbin Metro Area, KY,sales tax rate is 6.00%. Income tax is 5.80%.

Corbin Metro Area, KY Income and Salaries

The income per capita is $15,664, which includes all adults and children. The median household income is $27,577.


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