How Much Does The Average Person Make A Year In Kentucky?

How much does an Average make in Kentucky? As of Aug 5, 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.

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 is the salary in Kentucky?

A person working in Kentucky typically earns around 101,000 USD per year. Salaries range from 25,600 USD (lowest average) to 451,000 USD (highest average, actual maximum salary is higher).

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.

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 low income Kentucky?

$1,273. $1,147. Annual Income Needed to Afford. 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.

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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 is the cost of living in Kentucky?

Our cost of living indices are based on a US average of 100. An amount below 100 means Kentucky is cheaper than the US average.
Kentucky cost of living is 83.6.

COST OF LIVING Kentucky United States
Health 93.9 100
Housing 63.3 100
Median Home Cost $165,900 $291,700
Utilities 92.9 100

What is a good salary in Kentucky?

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 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’s the richest county in KY?

Oldham
Oldham is the wealthiest county in Kentucky, according to a new report from SmartAsset, a financial technology company.

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 is the richest town in Kentucky?

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

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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.

What is the highest income for Section 8?

To qualify for Section 8 Housing, a tenant must make no more than 50 percent of the median income for the metro area to which they’re applying. In areas of the country that have the highest income limits such as New York and San Francisco, that totals $117,400 for a family of four.

What is Section 8 housing in KY?

The Kentucky Section 8 (Housing Choice Voucher) Program pays a rental subsidy directly to the individual landlords and the participants pay the difference between the actual rent and the subsidy.

How do I get Housing assistance in KY?

To apply for either type of help, visit your local Public Housing Agency (PHA). Some PHAs have long waiting lists, so you may want to apply at more than one PHA. Your PHA can also give you a list of locations at which your voucher can be used.

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.

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How much a year is $25 dollars an hour?

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.

Is $30000 a year good for a single person?

No, $30,000 is not a great salary for a single person, but it can be livable depending on the person’s location and expenses. The average personal income in the United States is $63,214 per year, which is more than double the $30k mark. This initially makes you think that someone earning $30,000 is on a tight budget.