Corinth, KY Economy


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Corinth, KY is a small city in Kentucky with a population of just over 1,000 people. Despite its size, Corinth offers many amenities and services including affordable housing. The average two bedroom rent in Corinth is about $890 which is significantly lower than the national average of $1,430. In addition to low rent prices, grocery costs are also lower than the US average with an index score of 98 compared to 100 in the US. Local companies that serve the community include Lion Share Industries, Corinth Baptist Church, and Family Medical Center. These businesses provide essential services and support for residents in the area.

Corinth has an unemployment rate of 5.0%. The US average is 6.0%.

Corinth has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 38.4%, which is higher than the US average of 33.5%.

Tax Rates for Corinth
- The Sales Tax Rate for Corinth is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Corinth 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 Corinth
- The average income of a Corinth resident is $16,746 a year. The US average is $28,555 a year.
- The Median household income of a Corinth resident is $45,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCorinth, KentuckyUnited States
  56
  -5.1%-6.2%
  38.4%33.5%
  6.0%6.2%
  5.0%4.6%
  $24,131$37,638
  $45,000$69,021
  $64,167$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.9%6.8%
  25.7%10.0%
  0.0%2.5%
  21.9%11.0%
  13.3%4.8%
  0.0%0.8%
  0.0%1.9%
  2.9%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  4.8%9.3%
  7.6%14.0%
  0.0%2.1%
  11.4%7.0%
  4.8%4.8%
  4.8%4.7%
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