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.
How much money do you need to live comfortably in Kentucky?
Kentucky’s living wage for an individual is $14.16 an hour, or $29,459 a year. Housing costs an individual $6,907 annually. A family of four requires $20.16 an hour, or $83,274 a year, to cover their basic needs. Annually, they will spend $9,708 on housing, $12,965 on transportation, and $14,955 on childcare.
What is considered high income 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.
How much does the average person make 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 decent?
In the US, an annual salary between $70,000 – $78,000 before tax ($5,800 – $6,500 monthly) is considered to be a good wage in any state.
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.
| 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 considered middle class income in Kentucky?
Mississippi also had the lowest median family income, at $58,503, while Massachusetts had the highest median family income, at $108,348.
America’s Fastest-Growing States.
| State | Household Income Range for Middle Class |
|---|---|
| Kentucky | $18,602 – $90,740 |
| Louisiana | $16,721 – $95,787 |
| Maine | $25,701 – $111,898 |
What salary is considered rich for a single person?
With a $500,000+ income, you are considered rich, wherever you live! According to the IRS, any household who makes over $500,000 a year in 2022 is considered a top 1% income earner. Of course, some parts of the country require a higher income level to be in the top 1% income, e.g. Connecticut at $580,000.
What is the average cost of living in Kentucky?
Average Cost of Living in Kentucky: $36,574 per year.
What is poverty level in KY?
How is poverty defined? In 2018, the federal poverty income threshold was $25,465 for a family of four with two children, and $17,308 for a single parent of one child. If a family’s total income is less than the corresponding threshold, then that family and every individual in it is considered in poverty.
Is Kentucky a good place to live?
Is Kentucky a Good Place to Live? Kentucky is an excellent place to live if you’re looking for affordable home prices, a low cost of living, delicious bourbon, top-tier national and state parks, southern friendliness, and did we mention good bourbon!
How much should I be making at 27?
What was the average and median income by age in 2021?
| Age | 25% | Median |
|---|---|---|
| 26 | $20,804.00 | $35,000.00 |
| 27 | $23,660.00 | $40,000.00 |
| 28 | $25,000.00 | $39,005.00 |
| 29 | $24,615.00 | $41,085.00 |
How much does the average 30 year old make?
Average Salary for Ages 25-34
For Americans ages 25 to 34, the median salary is $960 per week, or $49,920 per year. That’s a big jump from the median salary for 20- to 24-year-olds.
Is $70000 a good salary for a single person?
An income of $70,000 surpasses both the median incomes for individuals and for households. By that standard, $70,000 is a good salary.
What is the richest town in Kentucky?
According to the report, the wealthiest city in Kentucky is Indian Hills.
What is the poorest town 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 percentage of Americans make over 100k?
The individual annual income of 24% of Americans exceeded $100,000 in 2020. The annual income of 34% of American households exceeds $100,000. In the five years to 2022, American households earning over $100,000 a year increased by 4.1%.
What do upper middle class earn?
The fourth earns between Rs 500,000 and Rs 1 million a year and could be classified as the upper middle class and the richest group of households earn more than Rs 1 million in a year.
What is considered the working class?
In this brief, “working class” is defined as individuals in the labor force who do not have bachelor’s degrees. This includes high school dropouts, high school graduates, people with some college, and associate’s-degree holders.
What are the poorest counties in Kentucky?
13 Kentucky Counties Among The Top 50 Worst Counties To Live In America
- Knox County. Poverty rate: 33.2%
- Owsley County. Poverty rate: 30.3%
- Wolfe county. Poverty rate: 29.2%
- Floyd County. Poverty rate: 30.7%
- Estill County, Kentucky.
- Letcher County, Kentucky.
- Breathitt County, Kentucky.
- McCreary County, Kentucky.
What is considered upper class?
According to a 2018 study by Pew Research Center, 19% of American adults were part of upper-class households. These families earned a median income of $187,872 in 2016, compared to 52% who made up the middle class and 29% who made up the lower class.