Kentucky 

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Economy in Kentucky

Kentucky has an unemployment rate of 4.3%. The US average is 3.9%.

Kentucky has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 34.8%, which is higher than the US average of 33.5%.

Tax Rates for Kentucky
- The Sales Tax Rate for Kentucky is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kentucky is 5.8%. The US average is 4.6%.

Income and Salaries for Kentucky
- The average income of a Kentucky resident is $23,741 a year. The US average is $28,555 a year.
- The Median household income of a Kentucky resident is $43,342 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYKentucky, KentuckyUnited States
  Unemployment Rate4.3%3.9%
  Recent Job Growth1.3%1.6%
  Future Job Growth34.8%33.5%
  Sales Taxes6.0%7.3%
  Income Taxes0.0580.046
  Income per Cap.$25,888$31,177
  Household Income$46,535$57,652
  Family Median Income$59,003$70,850
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting1.6%1.3%
  Mining, quarrying, oil and gas extraction1.1%0.6%
  Construction5.9%6.2%
  Manufacturing14.0%10.4%
  Wholesale trade2.5%2.7%
  Retail trade11.9%11.6%
  Transportation and warehousing4.9%4.1%
  Utilities00
  Information1.6%2.1%
  Finance and insurance4.2%4.7%
  Real estate, rental, leasing1.3%1.9%
  Professional, scientific, technical services4.1%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs3.6%4.3%
  Educational services9.8%9.3%
  Health care and social assistance14.5%13.8%
  Arts, entertainment, recreation1.4%2.2%
  Accommodation, food services7.3%7.4%
  Other services4.7%4.9%
  Public administration4.5%4.8%
ECONOMY MAP
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    Reviews for Kentucky    23 Reviews
    Thinking of Kentucky? Think again! - 9/11/2016
    Spot on Stephanie! I bought a beautiful historic home overlooking the Mississippi River thought it would be wonderful. Although the people seemed very friendly at... Read More

    Start Your Review of Kentucky


    Kentucky my point of view from experience - 11/9/2015
    I have lived in the following counties: Jefferson, Fayette, Grayson, Hardin, Daviess, Warren, Taylor, Adair, Pulaski. Here are the pros and cons from experience. ... Read More

    fleming county kentucky - 6/16/2014
    fleming county kentucky...how is the cost of living in the area? i just want a peaceful piece of land..i lived in richmond indiana town of 50,000 people..i had my car... Read More


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