Quick Answer: What Is A Good Salary In Kentucky?

Who is the richest person in KY?

Tamara GustavsonAccording to an annual list published by Forbes on Wednesday, Tamara Gustavson is the wealthiest person in the Bluegrass State with a net worth of $5.7 billion..

Who is the most famous person in Kentucky?

Famous people born or raised (or both) in the Bluegrass State include explorers and pioneers (Daniel Boone), some of the world’s most influential athletes (Muhammad Ali), movie stars (George Clooney), musicians (Loretta Lynn) and even some of America’s most significant political figures (Abraham Lincoln).

What is the highest paying job in Kentucky?

LIST: Highest-paying jobs in KentuckyClick here to see the average yearly salary for all jobs in Kentucky. Surgeons $270,300.Dentists, All Other Specialists $224,170. … Oral and Maxillofacial Surgeons $205,530. … Nurse Anesthetists $185,040. … Chief Executives $157,170. … Podiatrists $118,390. … Architectural and Engineering Managers $115,190. … Actuaries $110,400.More items…•

What is considered low income in Kentucky?

Research suggests that, on average, families need an income of about twice the federal poverty threshold to meet their most basic needs. Children living in families with incomes below this level—$50,200 for a family of four with two children in 2018—are referred to as low income.

What is the richest county in Kentucky?

OldhamKentucky Counties by Per Capita IncomeRankCountyPer capita income1Oldham$32,7022Boone$28,5203Woodford$28,5014Fayette$28,34563 more rows

Is Kentucky expensive to live in?

Across the board, Kentucky’s living costs are lower than the U.S. average. … In addition to well-priced housing, you can also benefit from Kentucky’s lower median property tax rate of 0.72%.

Are taxes high in Kentucky?

Kentucky Income Taxes Kentucky imposes a flat income tax. This differs from the federal income tax, which has a progressive tax system (higher rates for higher income levels). The state income tax rate is 5% regardless of income. Prior to 2018, the state had rates ranging from 2% to 6%.

What’s the richest town in Kentucky?

FrancisvilleThe richest town in Kentucky, according to the list, is Francisville, which is located west of Cincinnati near the Cincinnati/Northern Kentucky International Airport. The town of 9,217 has median household income of $105,552, which is well above the state’s median income of $42,958.

What is Kentucky’s main source of income?

Manufacturing. Manufacturing is the largest single contributor to Kentucky’s economy, accounting for nearly one-fifth of the state’s gross product.

What is the income limit for Kchip in KY?

This table shows the 218 percent FPL guidelines….2020 KCHIP Income Limits.Number of Family Members (include parents and children)Total Monthly Family Income (before taxes)Total Annual Family Income (before taxes)1$2,318$27,8162$3,133$37,5963$3,946$47,3524$4,759$57,1084 more rows

Why are houses so cheap in Kentucky?

Another reason why you find such cheap real estate in Kentucky is the mentality of the local population in much of Kentucky. Why would most outsiders from the cities or suburbs want to relocate into Kentucky when you’ve got to deal with people who have limited and very limited economic, education and social prospects.

Is Kentucky a rich or poor state?

According to data released Thursday by the U.S. Census Bureau, 17.2 percent of Kentuckians lived in poverty in 2017, an improvement over the 18.5 percent state poverty rate in 2016. But that rate still leaves Kentucky the fifth poorest state in the United States.

What jobs are in demand in Kentucky?

The 10 Fastest Growing Jobs In Kentucky For 2019Home Health Aid.Physical Therapist Assistant.Operations Analyst.Physical Therapy Aide.Physical Therapist.Certified Nursing Assistant.Occupational Therapist.Tour Guide.More items…•

Is Kentucky a poor state?

Washington, D.C. –Kentucky houses some of the hungriest and poorest number of Americans, according to a Bread for the World analysis of the latest U.S. Census data. In Kentucky, 18 percent of residents lived in poverty. …

What is the safest city in Kentucky?

IndependenceKentucky’s safest city is Independence, a home rule-class city of 28K in Kenton County. Kenton recorded just 23 violent crimes in 2018 for a remarkable violent crime rate of 0.82 offenses per 1,000. The city’s property crime rate is even more impressive, just over one-quarter of the national average.

What is the average income in Kentucky?

TablePopulationMean travel time to work (minutes), workers age 16 years+, 2015-201923.6Income & PovertyMedian household income (in 2019 dollars), 2015-2019$50,589Per capita income in past 12 months (in 2019 dollars), 2015-2019$28,17854 more rows

How much do you need to make to live in Kentucky?

A single adult living in Kentucky would need to earn at least $10.82 an hour to afford the state’s cost of living, according to a Massachusetts Institute of Technology living-wage calculator. The living wage jumps to $22.68 an hour for a single parent with one child, MIT’s calculator says.

What is the poorest town in KY?

GlasgowGlasgow, Kentucky Glasgow is the only town in Kentucky where the typical household earns less than $30,000 a year. Glasgow’s 26.9% poverty rate is also higher than any other town in the state and well above the 18.8% poverty rate statewide — itself one of the higher poverty levels compared with other states.

What is the poorest city in KY?

It gets worse. The study shows that Glasgow’s poverty rate is above 26 percent, higher than any other town in Kentucky, according to the story. The state’s poverty rate is 18.8 percent.

What is the income limit for food stamps in KY?

View coronavirus (COVID-19) resources on Benefits.gov. Visit Coronavirus.gov for live updates….Who is eligible for Kentucky Food Benefits/EBT?Household Size*Maximum Income Level (Per Year)1$16,5882$22,4123$28,2364$34,0604 more rows

What’s the poorest town in America?

Places (2013—2017 American Community Survey)RankPlace2013-2017 Annual Median Household Income1Little River CDP$3,1942Villanueva CDP$4,6383Nottoway Court House CDP$5,6854Lower Santan Village CDP$5,85785 more rows