Blackey, KY is a small rural town located in the Appalachian Mountains of Kentucky. It has a thriving local economy with several companies providing goods and services to the community. Some of these companies include Fenton Hardware which offers tools and supplies for home and business projects, Goins Industrial Supply which specializes in chemicals for industrial purposes, Blackey Mountain Oil which provides fuel for heating homes and businesses, Slone Sawmill which provides lumber for construction needs, and Elk Creek ARF Kennel which breeds dogs as family companions or competitors in dog shows. These companies and others provide valuable services to the citizens of Blackey, ensuring that the town remains vibrant despite its small population.
Blackey has an unemployment rate of 7.8%. The US average is 6.0%.
Blackey has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 17.6%, which is lower than the US average of 33.5%.
Tax Rates for Blackey
- The Sales Tax Rate for Blackey is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Blackey 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 Blackey
- The average income of a Blackey resident is $14,902 a year. The US average is $37,638 a year.
- The Median household income of a Blackey resident is $0 a year. The US average is $69,021 a year.