Table
| Population | |
|---|---|
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $52,238 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $29,123 |
| Persons in poverty, percent | 14.9% |
What is the average income for a single person in Kentucky?
Average Salary in Kentucky. $43,554 is the 25th percentile. Salaries below this are outliers. $87,988 is the 90th percentile.
Is Kentucky a wealthy state?
Kentucky is the fortieth richest state in the United States of America, with a per capita income of $26,779 (2017).
What is middle class income in Kentucky?
$30,230 is the 25th percentile. Salaries below this are outliers. $68,964 is the 75th percentile.
What is upper class income in Kentucky?
How much does an Upper Class make in Kentucky? As of Aug 5, 2022, the average annual pay for the Upper Class jobs category in Kentucky is $44,822 a year. Just in case you need a simple salary calculator, that works out to be approximately $21.55 an hour. This is the equivalent of $862/week or $3,735/month.
What is a livable salary in Kentucky?
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.
| 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 richest town in KY?
According to the report, the wealthiest city in Kentucky is Indian Hills.
What is the poorest town in KY?
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 part of Kentucky is poor?
Martin County, Kentucky
Currently, Martin County’s population is one of the poorest in the United States. Nearly 30 percent of county residents live in poverty, and most households earn less than $30,000 a year.
What salary is upper class?
A family earning between $32,048 and $53,413 was considered lower-middle class. 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 the best place to live in Kentucky?
A new report says that Fort Thomas is the best place to live in Kentucky. It wasn’t the only local city to make the list.
The top 10 best places to live in Kentucky for 2020 are:
- Villa Hills.
- Fort Mitchell.
- Wilmore.
- Fort Wright.
- Cold Spring.
- Bellevue.
- Jeffersontown.
- Douglas Hills.
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%. White households represent the biggest cohort earning over $100k a year.
What is the richest zip code in Kentucky?
40059
10 Richest Kentucky Zip Codes
| Rank | Zip Code | Mean Income |
|---|---|---|
| 1 | 40059 | $216,271 |
| 2 | 40026 | $166,985 |
| 3 | 40510 | $148,813 |
| 4 | 41091 | $144,642 |
How many billionaires live in Kentucky?
Table
| Rank by number of billionaires (9/15/20) | State or federal district | Billionaires/ State’s 10M pop. (7/19 census) (9/15/20) |
|---|---|---|
| 36 | South Dakota | 11.30 |
| 36 | District of Columbia | 14.17 |
| 27 | Kentucky | 6.71 |
| 25 | Utah | 12.48 |
What percentage of households make over 80k?
They are the 96.5 percent. Meanwhile, households bringing in $185,000 to $189,999 have only about 4.4 percent of other households earning more than them.
Percent by Household.
| Annual Household Income | % of Americans Earning More |
|---|---|
| $70,000 to $74,999 | 31.85% |
| $75,000 to $79,999 | 29.22% |
| $80,000 to $84,999 | 26.57% |
What is a good hourly wage in KY?
$12.48 is the 25th percentile. Wages below this are outliers. $21.57 is the 75th percentile. Wages above this are outliers.
What are Top 10 Highest Paying Cities for Hourly Rate Jobs in Kentucky.
| City | Richmond |
|---|---|
| Annual Salary | $50,492 |
| Monthly Pay | $4,208 |
| Weekly Pay | $971 |
| Hourly Wage | $24.27 |
What is standard of living in Kentucky?
Kentucky cost of living is 83.6
| COST OF LIVING | Kentucky | United States |
|---|---|---|
| Overall | 83.6 | 100 |
| Grocery | 94.2 | 100 |
| Health | 93.9 | 100 |
| Housing | 63.3 | 100 |
What is KY minimum wage?
$7.25 an hour
ASHLAND, Ky. (WSAZ) – State lawmakers in Kentucky are considering a bill that would gradually raise the state’s minimum wage to $15 per hour by July 2026. “Nobody in 2022 can live off $7.25 an hour in this country,” said Sen.
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 the average family size in Kentucky?
o The Median Household size of Owner-Occupied Units in Kentucky is 2.52 people, ranging between 3.02 individuals (Oldham County) and 2.13 individuals (Lyon County).