Louisville has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 38.3%, which is higher than the US average of 33.5%. – The Sales Tax Rate for Louisville is 6.0%. The US average is 7.3%.
What is the main industry in Louisville?
Product manufacturing: Automotive, home appliances, bourbon and more. Louisville is a significant center of manufacturing. Within the city’s limits are two major Ford plants, namely the Kentucky Truck Plant and the Louisville Assembly Plant.
What is the average wage in Louisville Kentucky?
Average Salary in Louisville, KY
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $94,471 | $45 |
| 75th Percentile | $70,853 | $34 |
| Average | $63,340 | $30 |
| 25th Percentile | $46,763 | $22 |
What is the unemployment rate in Louisville Ky?
Louisville-Jefferson County, KY-IN
| Data Series | Dec 2021 | Apr 2022 |
|---|---|---|
| Unemployment Rate(3) | (2)3.3 | 2.8 |
| Nonfarm Wage and Salary Employment | ||
| Total Nonfarm(4) | 675.9 | 675.0 |
| 12-month % change | 2.9 | 3.8 |
Who is the largest employer in Louisville Ky?
Louisville’s Largest Employers
| Rank | Name | Local FTEs: 2020 |
|---|---|---|
| 1 | United Parcel Service Inc. | 25,090 |
| 2 | Jefferson County Public Schools | 14,484 |
| 3 | Norton Healthcare Inc. | 13,828 |
| View This List |
Who is the largest employer in Kentucky?
Houchens Industries
The companies we keep
| Company | Employees | |
|---|---|---|
| 1 | Houchens Industries | 5,467 |
| 2 | Med Center Health | 3,566 |
| 3 | Warren County Public Schools | 2,565 |
| 4 | Western Kentucky University | 1,854 |
How do people earn a living in Kentucky?
Agriculture, forestry, and fishing
The vast majority of Kentucky’s farms are owned by individuals or families (as opposed to corporations), and almost one-fifth of the state’s total workforce is employed in farm or farm-related jobs.
What salary do you need to live in Louisville Ky?
In Louisville, the same family structure — two kids and two adults — would need at least $60,700 in order to live a “secure, yet modest living,” according to the report. The study takes into account costs associated with housing, food, child care, transportation, health care, taxes and other necessities.
What is considered middle class in Louisville Ky?
While ZipRecruiter is seeing salaries as high as $121,396 and as low as $17,477, the majority of salaries within the Lower Middle Class jobs category currently range between $30,230 (25th percentile) to $68,964 (75th percentile) with top earners (90th percentile) making $113,365 annually in Louisville.
What is middle class in Louisville Ky?
Louisville currently ranks 10th among its peer cities in median household income with a median income of $55,000. Louisville is in the middle of its peer group according to a natural breaks algorithm.
What is the economy like in Louisville Kentucky?
Louisville is in an economic renaissance with outstanding job growth, new business creation, and billions of new capital investment. Louisville’s growth story also includes maintaining a high quality of life, affordable cost of living, and a cost competitive business environment.
Is Louisville Kentucky growing?
Kentucky’s overall population increased 3.8% to about 4.5 million people between 2010 and 2020. LOUISVILLE, Ky.
What state has the highest unemployment rate?
Wyoming
| Rank | State | Unemployment rate |
|---|---|---|
| 1 | NORTH DAKOTA | 2.8 |
| 2 | NEBRASKA | 3.6 |
| 2 | UTAH | 3.6 |
| 4 | SOUTH DAKOTA | 3.7 |
Is Louisville Kentucky a nice place to live?
Is Louisville a Safe Place to Live? Overall, Kentucky is on par with the rest of the country in terms of crime and safety. The state ranked No. 18 in the Crime Index by USA.com, ranking lower than North Carolina, Texas and California, but higher than Vermont, Maine, Montana and more.
What industry is in Louisville Kentucky?
Greater Louisville embraces its rising iconic brands. Along with a vibrant entrepreneurial climate, the region has a diversified economy with an emphasis in the sectors surrounding health, logistics, manufacturing, food and beverage, and business services.
Who is the richest person in Louisville 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.
What jobs are in demand in Kentucky?
Detailed List Of The Fastest Growing Jobs In Kentucky
| Rank | Job Title | Jobs in 2024 |
|---|---|---|
| 1 | Home Health Aid | 6,620 |
| 2 | Physical Therapist Assistant | 2,450 |
| 3 | Operations Analyst | 2,390 |
| 4 | Physical Therapy Aide | 1,000 |
What is the highest paying job in Kentucky?
Consultant And Sales Representative
Detailed List Of Highest Paying Jobs In Kentucky
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Consultant And Sales Representative | $188,867 |
| 2 | Emergency Medicine Specialist | $158,280 |
| 3 | Public Health Dentist | $153,372 |
| 4 | Family Practitioner | $152,382 |
What company is headquartered in Louisville Kentucky?
Some of the biggest names in business are headquartered here: Humana, Yum!, Kindred Healthcare, Brown-Forman, UPS Airlines, Papa John’s, GE Appliances and more.
Why should I move to Louisville Ky?
Many people considering moving to Louisville, KY, are also thrilled with the area’s vast parks and outdoor recreation areas. Within the city, there is plenty of green space and more than 120 parks to enjoy. Popular parks found throughout the city include Cherokee Park, Waterfront Park and Central Park.
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.