Upton, KY Economy


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Upton, KY is a small town located in Hardin County. It has a population of around 2,000 people and is known for its low cost of living. The average rent for a 2-bedroom apartment in Upton is $760, compared to the US average of $1,430. The grocery cost index of Upton is also lower than the national average, making it an affordable place to live. Local companies include First and Last Auto Repair and Upton Hardware & Supply. There are also plenty of outdoor activities such as fishing at West Fork Creek Park or golfing at Magnolia Links Golf Course. With its proximity to Louisville, there are plenty of other attractions nearby including the Kentucky Derby Museum and Churchill Downs.

Upton has an unemployment rate of 4.9%. The US average is 6.0%.

Upton 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 35.4%, which is higher than the US average of 33.5%.

Tax Rates for Upton
- The Sales Tax Rate for Upton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Upton 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 Upton
- The average income of a Upton resident is $15,459 a year. The US average is $28,555 a year.
- The Median household income of a Upton resident is $52,313 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUpton, KentuckyUnited States
  4.96
  -6.5%-6.2%
  35.4%33.5%
  6.0%6.2%
  5.0%4.6%
  $28,940$37,638
  $52,313$69,021
  $61,500$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.9%6.8%
  14.2%10.0%
  3.2%2.5%
  16.2%11.0%
  3.6%4.8%
  0.0%0.8%
  0.4%1.9%
  6.1%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  8.9%4.2%
  0.8%9.3%
  24.7%14.0%
  0.0%2.1%
  2.4%7.0%
  13.4%4.8%
  1.2%4.7%
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