Kentucky is a state that has its share of billionaires. There are a few cities that are home to the richest people in the state including Lexington, and Louisville. The horse capital of the world is home to some of the richest heirs and heiresses in the country.
How many millionaires are there in Kentucky?
Kentucky
Kentucky has fewer than 84,000 millionaire households.
What city in KY has the most millionaires?
According to the report, the wealthiest city in Kentucky is Indian Hills.
Who is richest person in ky?
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.
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 |
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 the richest city in KY?
In Kentucky, Lexington is home to more billionaires than any other city. A total of two billionaires live in Lexington with a combined net worth of $8.5 billion. Of Lexington residents with a minimum 10-figure net worth, Tamara Gustavson is the wealthiest, worth an estimated $5.5 billion.
What is the poorest city in KY?
The poorest town in Kentucky is Franklin, which is near the Kentucky-Tennessee border off of Interstate 65. According to the website, the town of 8,563 has median household income of $30,398 and a poverty rate of 26.2 percent.
What is the best area to live in Kentucky?
“Fort Thomas ranks 1st on our list of best places to live in Kentucky thanks to its low unemployment and high adjusted median income.
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 is the poverty rate in KY?
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% |
Where do the richest people live?
New York, Tokyo and Paris are the top places favored by the ultra-rich to live, according to Knight Frank’s 2022 Wealth Report, with London and Los Angeles next.
Is Lexington KY A wealthy city?
Lexington is the largest and most wealthy town in Kentucky, or indeed west of the Allegheny Mountains; the main street of Lexington has all the appearance of Market Street in Philadelphia on a busy day
Who is the richest woman in Kentucky?
Tamara Hughes Gustavson Net worth: $7.2 billion
Tamara Hughes Gustavson is the richest woman in the state of Kentucky. She is in her late 50s and is the daughter of B. Wayne Hughes, founder of Public Storage.
What states have the most millionaires?
In 2020, California had the highest number of millionaire households in the U.S., with 1.14 million households having one million or more in investible assets. This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number.
Where do most billionaires live in the US?
As of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78.
Who’s the richest family in the world?
the Waltons
Key Takeaways. At $238 billion, the Waltons are the richest family in the world thanks to their massive stake in Walmart, the world’s largest company by revenue.
Is Kentucky a poor state?
These states and territories have the highest percentages of poverty in the country: Mississippi, Louisiana, New Mexico, Kentucky, Arkansas, West Virginia, Alabama, the District of Columbia, South Carolina, and Georgia.
What is America’s richest state?
These Are the 10 Richest States in the U.S.
- Maryland. John GreimGetty Images.
- Massachusetts. Boston GlobeGetty Images.
- New Jersey. John MooreGetty Images.
- Hawaii. Mark BosterGetty Images.
- California. George RoseGetty Images.
- Connecticut. Brooks KraftGetty Images.
- Washington. Dan Callister/Getty Images.
- New Hampshire.
Is Kentucky a poverty state?
Overall, out of Americans for whom the Census Bureau was able to determine poverty status, 42.31 million lived below the poverty line (or 13.15% of the total population).
List.
| State or Territory | Kentucky |
|---|---|
| Population | 4,322,881 |
| Population under Poverty Line | 717,895 |
| Poverty Rate | 16.61% |
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 is the average household income in Kentucky?
Table
| Population | |
|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 23.7 |
| 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 |