Knox County, KY Economy


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United States / Kentucky / / Knox County / Cities / Zip Codes
Knox County, KY is a great place to live with plenty of attractions and local businesses. It is an affordable area to live, with the average two bedroom rent coming in at $740 per month compared to the national average of $1,430. When it comes to groceries, the cost index in Knox County is 93 versus 100 in the US. There are several local companies and businesses that can be found throughout the county including restaurants like Windy Corner Market & Restaurant, shopping outlets like Turkey Creek Shopping Center, and entertainment venues like Flat Lick Falls Park. Other popular retailers include Walgreens, Target, and Kroger as well as many additional options for dining out or having fun.

Knox County has an unemployment rate of 6.8%. The US average is 6.0%.

Knox County has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.

Tax Rates for Knox County
- The Sales Tax Rate for Knox County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Knox 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 Knox County
- The average income of a Knox County resident is $15,013 a year. The US average is $28,555 a year.
- The Median household income of a Knox County resident is $29,206 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKnox, KentuckyUnited States
  6.86
  -2.5%-6.2%
  36.1%33.5%
  6.0%6.2%
  6.0%4.6%
  $18,833$37,638
  $29,206$69,021
  $39,597$85,028
  Population by Occupation
  0.4%1.2%
  1.2%0.5%
  6.2%6.8%
  9.2%10.0%
  2.2%2.5%
  13.3%11.0%
  5.5%4.8%
  1.4%0.8%
  1.7%1.9%
  2.3%4.7%
  0.4%1.9%
  4.1%7.6%
  0.0%0.1%
  8.2%4.2%
  9.8%9.3%
  20.2%14.0%
  0.1%2.1%
  5.5%7.0%
  2.4%4.8%
  5.8%4.7%
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