It is home to more than 1,300 manufacturing companies in the areas of automotive, food and beverage, plastics, appliances, and electrical components, to name a few.
What is the major 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.
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 |
What are 3 major industries in Kentucky?
Major Industries
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- Manufacturing. Visit Now.
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- Food & Beverage. Visit Now.
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- Chemicals. Visit Now.
What is the main industry in Kentucky?
Manufacturing is Kentucky’s leading industry in several aspects. 18% of Kentucky’s GDP comes from the manufacturing industry, which has nearly doubled since 2009. Manufacturing is also one of the main sources of employment for Kentucky residents, giving jobs to 274,000 people – or 14.3% of the population.
Who is the largest employer in Kentucky?
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 |
What is the main source of income in Kentucky?
Manufacturing. Manufacturing is the largest single contributor to Kentucky’s economy, accounting for nearly one-fifth of the state’s gross product.
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.
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 is headquartered in Louisville Ky?
Muhammad Ali was not the only heavy hitter who to call Louisville home. 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.
What are the top 5 industries in KY?
Kentucky’s leading service industries are the community, business, and personal services (private health care, hotels, law firms, repair shops) and wholesale and retail trade industries (wholesale trade of coal, food products, motor vehicles, and retail automobile dealerships, gas stations, grocery stores, restaurants)
What is Kentucky’s top export?
Made-in-America Manufacturing Exports from Kentucky and Jobs
The state’s largest manufacturing export category is transportation equipment, which accounted for $17.6 billion of Kentucky’s total goods exports in 2018.
What is Kentucky’s number one cash crop?
In Kentucky, soybeans and corn are the top crops. Nearly 1.47 million acres of farmland were dedicated to soybeans, with farmers selling more than $752 million worth of the crop in 2012. Corn was harvested from 1.53 million acres while sales totaled $694 million.
What are 5 major industries?
Before the recent COVID-19 pandemic, jobs were being created by the millions, and wage growth was on the rise.
Other sectors making notable contributions to the economy over the last decade include construction, retail, and non-durable manufacturing.
- Healthcare.
- Technology.
- Construction.
- Retail.
- Non-durable Manufacturing.
What is manufactured in Louisville?
Louisville’s diverse manufacturing economy includes such major manufacturers as Ford, GE Appliances, Clariant Corporation, Faurecia and Raytheon. Louisville also is home to FirstBuild, an innovative makerspace dedicated to designing, engineering, building and selling the next generation of home appliances.
What is the economy in Louisville Kentucky?
The US average is 7.3%. – The Income Tax Rate for Louisville is 8.0%. The US average is 4.6%.
Income and Salaries for Louisville.
| ECONOMY | Louisville-Jefferson County, Kentucky | United States |
|---|---|---|
| Manufacturing | 11.8% | 10.4% |
| Wholesale trade | 3.1% | 2.7% |
| Retail trade | 10.3% | 11.6% |
| Transportation and warehousing | 7.5% | 4.1% |
What is a living wage in Kentucky?
$8,655. Required annual income after taxes.
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 products are manufactured in Kentucky?
Figure 2
| x | Manufacturing Sector |
|---|---|
| Plastics and rubber products | $1,834.5 |
| Paper manufacturing | $1,589.7 |
| Petroleum and coal products | $1,466.7 |
| Electrical equipment and appliances | $1,290 |
What is considered middle class income in Kentucky?
From 2010 to 2019, the median income for middle-class families (based on a household of three people) grew 15%, from $79,838 to $92,042. After the pandemic hit, incomes dropped about 2% in a single year, sending the median income down to $90,131 in 2020.
Is Kentucky a friendly state?
Everyone in this state is genuinely and selflessly kind, friendly and helpful. It’s really true. If you run out of gas or break down, someone will always stop and check on you to see if you need help.