Ferguson, KY Economy


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Ferguson, KY is a small town located in the south of Kentucky. It is known for its quaint atmosphere and friendly people. The average two-bedroom rent here is $780, which is much lower than the US average of $1,430. In terms of grocery costs, Ferguson has an index of 93 compared to 100 in the US. Locally owned companies include J&J Auto Repair shop and King's Grocery Store. There are several popular restaurants such as Jack's Diner and Mom's Kitchen that serve up great homestyle meals. Tourists come to Ferguson to experience the local attractions like Lazy River Park or the Wildflower Trail.

Ferguson has an unemployment rate of 5.5%. The US average is 6.0%.

Ferguson has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.

Tax Rates for Ferguson
- The Sales Tax Rate for Ferguson is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ferguson is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Ferguson
- The average income of a Ferguson resident is $19,683 a year. The US average is $28,555 a year.
- The Median household income of a Ferguson resident is $32,981 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFerguson, KentuckyUnited States
  5.56
  -6.1%-6.2%
  24.4%33.5%
  6.0%6.2%
  6.0%4.6%
  $20,667$37,638
  $32,981$69,021
  $40,833$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  2.1%6.8%
  18.9%10.0%
  3.6%2.5%
  10.7%11.0%
  4.3%4.8%
  3.9%0.8%
  1.4%1.9%
  5.4%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.4%4.2%
  13.6%9.3%
  14.6%14.0%
  0.0%2.1%
  7.5%7.0%
  3.9%4.8%
  7.9%4.7%
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