Ballard County, KY Economy


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United States / Kentucky / / Ballard County / Cities / Zip Codes
Ballard, KY County is a great place to live due to its affordability. With two bedroom rent at $760 compared to the US average of $1,430, and a grocery cost index of 93 versus 100 in the US, Ballard is an affordable option for families looking for housing. Additionally, Ballard offers many job opportunities with local companies such as USA Industries, Ballard School District, and Ballard Medical Center. These employers allow residents of Ballard to make a living while being close to home. Furthermore, Ballard is only 25 miles from Paducah which provides numerous entertainment activities and leisurely amenities such as shopping centers and art galleries. All in all, Ballard is an ideal choice for those looking for a budget-friendly living arrangements with plenty of job opportunities nearby.

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

Ballard County has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.

Tax Rates for Ballard County
- The Sales Tax Rate for Ballard County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ballard County 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 Ballard County
- The average income of a Ballard County resident is $29,639 a year. The US average is $37,638 a year.
- The Median household income of a Ballard County resident is $52,695 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBallard, 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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