Livermore, KY Economy


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Livermore, KY is a small town nestled in the heart of Kentucky. It is a vibrant and welcoming community with a population of just under 1,000 people. With its close proximity to Central City, Murray, and Hopkinsville, Livermore offers plenty of amenities for those looking to live in the area. Notable businesses in the area include Fink & Associates Construction, Offutt Insurance Agency, and Painters Supply & Equipment Co. Inc., which provide locals with quality jobs and services. The town also hosts several annual events such as the Fall Festival on Main Street and the 4th of July Independence Day Celebration which bring the whole community together to enjoy music, food, and games. With its affordable 2 bedroom rent at $730 per month and low Grocery Cost Index at 90 compared to 100 in the US, living in Livermore is an attractive option for anyone looking for an affordable place to call home.

Livermore has an unemployment rate of 4.5%. The US average is 6.0%.

Livermore has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.

Tax Rates for Livermore
- The Sales Tax Rate for Livermore is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Livermore 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 Livermore
- The average income of a Livermore resident is $13,542 a year. The US average is $28,555 a year.
- The Median household income of a Livermore resident is $22,188 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLivermore, KentuckyUnited States
  4.56
  -4.8%-6.2%
  33.0%33.5%
  6.0%6.2%
  6.0%4.6%
  $24,921$37,638
  $22,188$69,021
  $62,361$85,028
  Population by Occupation
  2.3%1.2%
  0.0%0.5%
  11.2%6.8%
  24.8%10.0%
  1.2%2.5%
  9.3%11.0%
  0.0%4.8%
  1.6%0.8%
  0.4%1.9%
  8.9%4.7%
  0.0%1.9%
  5.4%7.6%
  0.0%0.1%
  1.2%4.2%
  3.1%9.3%
  13.6%14.0%
  0.0%2.1%
  15.9%7.0%
  0.0%4.8%
  1.2%4.7%
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