How Much Does The Average Person Make In Kentucky?

How much does an Average make in Kentucky? As of Aug 1, 2022, the average annual pay for the Average jobs category in Kentucky is $62,913 a year. Just in case you need a simple salary calculator, that works out to be approximately $30.25 an hour. This is the equivalent of $1,210/week or $5,243/month.

What’s the average pay in Kentucky?

Hourly Rate Salary in Kentucky

Annual Salary Monthly Pay
Top Earners $73,030 $6,085
75th Percentile $44,874 $3,739
Average $41,632 $3,469
25th Percentile $25,956 $2,163

What salary is considered poverty in Kentucky?

By this definition, the poverty threshold today for a family of four is roughly $26,000 annually; for an individual, that number is $13,000.

What is a good salary in Ky?

While ZipRecruiter is seeing salaries as high as $134,623 and as low as $18,478, the majority of salaries within the Average jobs category currently range between $43,554 (25th percentile) to $65,991 (75th percentile) with top earners (90th percentile) making $87,988 annually in Kentucky.

Is $17 an hour a good wage?

What is this? 17 dollars an hour is how much a year… This is just above $35,000 per year. In this post, we highlighted ways to increase your income as well as tips for living off your wage.

What is a liveable wage in KY?

Living Wage Calculation for Kentucky

1 ADULT 2 ADULTS (1 WORKING)
0 Children 2 Children
Living Wage $15.46 $34.49
Poverty Wage $6.19 $12.74
Minimum Wage $7.25 $7.25

What is middle class in KY?

The middle class is usually defined as the group of earners in the center of the earning scale.
How much you have to earn to be middle class in every state.

See also  What Town In Kentucky Has The Most Distilleries?
State Middle-class income Median household income
Kentucky $43,747 $52,295
Indiana $43,310 $57,603
Mississippi $41,839 $45,792
West Virginia $41,649 $48,850

What is the poorest city in Kentucky?

The poorest city in Kentucky is Albany. The median household income is $18,824 annually, and the mean household income is $29,889. The richest city that had no minimum household number is Glenview.

What is the highest paying job in KY?

LIST: Highest-paying jobs in Kentucky

  • Surgeons $270,300.
  • Obstetricians and Gynecologists $268,250.
  • Physicians and Surgeons, All Other $230,730.
  • Dentists, All Other Specialists $224,170.
  • Family and General Practitioners $214,830.
  • Internists, General $214,570.
  • Psychiatrists $211,820.
  • Oral and Maxillofacial Surgeons $205,530.

What is upper class in Kentucky?

While ZipRecruiter is seeing salaries as high as $90,188 and as low as $17,598, the majority of salaries within the Upper Class jobs category currently range between $33,875 (25th percentile) to $58,952 (75th percentile) with top earners (90th percentile) making $73,030 annually in Kentucky.

What is the wealthiest city in Kentucky?

According to the report, the wealthiest city in Kentucky is Indian Hills.

How much is $20 an hour annually?

$41,600 a year
To figure out how much $20 an hour is per year, multiply $20 by how many hours you work per week. For most full-time jobs, that’s 40 hours per week or 2,080 hours per year, if you don’t take any time off. That means $20 an hour is $41,600 a year.

How much is $25 an hour annually?

If you make $25 per hour, your Yearly salary would be $48,750. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 37.5 hours a week.

See also  What Percent Of Kentucky Is Hispanic?

How much is $22 an hour annually?

If you make $22 per hour, your Yearly salary would be $42,900.

Is $27 an hour good pay?

Two people who each work full-time and earn $27 dollars an hour have a net take-home of $7014, which is a pretty solid amount for living well in most places!

Is 16 dollars an hour good pay?

Two people who each work full-time and earn $16 dollars an hour have a net take-home of $4157, which is a pretty solid amount for living well in most places!

What salary is considered rich?

For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.

What is high class salary?

In 2021, the median household income is roughly $68,000. An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher.

What is considered poor class?

Nearly one-third of American households, 29%, live in “lower class” households, the Pew Research Center finds in a 2018 report. The median income of that group was $25,624 in 2016. Pew defines the lower class as adults whose annual household income is less than two-thirds the national median.

Who is richest person in Kentucky?

B. Wayne Hughes founded Public Storage in 1972, and is today he is the wealthiest person in Kentucky with an estimated net worth of $2.8 billion. Public Storage now has more than 2,500 locations throughout the United States and is the largest self-storage brand in the country.

See also  Does Kentucky Have A State Food?

Is Kentucky a rich or poor state?

The rate varies widely from state to state, with most wealthy states having a poverty rate below 9%. In contrast, the nation’s poorest state has a poverty rate twice that.
Poorest States 2022.

State Mean Household Income
New Mexico $69,077
Alabama $69,842
Kentucky $70,144
Louisiana $71,001