Fulton, KY Economy


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Fulton, KY is a small town with a population of 2,784 as of 2019. The cost of living in this area is quite reasonable relative to the rest of the United States. Specifically, 2 bedroom rentals are on average $850 less per month than across the country at $580 and groceries are 11% cheaper than the national average index score of 100. Furthermore, Fulton offers a variety of local businesses ranging from restaurants such as Backyard BBQ and Mexican Restaurant to car dealerships like Joe Smith Chevrolet. In conclusion, Fulton, KY offers an affordable standard of living and several locally-owned businesses for its residents.

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

Fulton has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.

Tax Rates for Fulton
- The Sales Tax Rate for Fulton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fulton is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Fulton
- The average income of a Fulton resident is $14,071 a year. The US average is $37,638 a year.
- The Median household income of a Fulton resident is $29,677 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFulton, KentuckyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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