GITNUX MARKETDATA REPORT 2024

Statistics About The Average Income In Kentucky

The average income in Kentucky is $52,295 per year.

In this post, we will explore the average income landscape in Kentucky for both households and individuals. The statistics paint a detailed picture of the income levels across various cities in the state, highlighting disparities and trends over recent years. From the statewide averages to city-specific figures, we will delve into the numbers that define the economic status of Kentucky residents.

Statistic 1

"The average household income in Kentucky is $54,555 in 2021."

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Statistic 2

"The median income for a household in Kentucky in 2019 was $52,295."

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Statistic 3

"The state's per capita income was $29,178 in 2019."

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Statistic 4

"The per capita income for Kentucky was lower than the national average by 18.7% in 2019."

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Statistic 5

"The city with the highest median household income in Kentucky is Union, with an income of $102,197 in 2019."

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Statistic 6

"Between 2018 and 2019, Kentucky's median household income increased from $50,247 to $52,295."

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Statistic 7

"In 2019, the average personal income in Kentucky was $44,811."

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Statistic 8

"The average male salary in Kentucky was $53,427 in 2019, while the average female salary was $41,099."

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Statistic 9

"The average household income in Lexington, Kentucky was $61,756 in 2019."

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Statistic 10

"The average income in Louisville city, Kentucky is $60,000 as of 2021."

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Statistic 11

"The average income in Bowling Green, Kentucky is $37,117 in 2019."

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Statistic 12

"The average income in Covington, Kentucky was $41,802 in 2021."

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Statistic 13

"The average income in Owensboro, Kentucky was $52,105 in 2019."

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Statistic 14

"The average household income in Madisonville, Kentucky was $42,218 in 2019."

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Statistic 15

"The average household income in Paducah, Kentucky was $42,542 in 2019."

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Statistic 16

"The average income in Frankfort, Kentucky was $52,636 in 2019."

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Statistic 17

"The average household income in Pikeville, Kentucky, was $33,162 in 2019."

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Statistic 18

"The average income in Richmond, Kentucky was $42,948 in 2019."

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In conclusion, the statistics paint a varied picture of income levels across different regions of Kentucky. While the state’s average household income in 2021 is relatively modest at $54,555, there are noticeable disparities between cities. Union stands out with the highest median household income of $102,197 in 2019, while areas like Pikeville lag behind with an average household income of $33,162 in the same year. Overall, Kentucky’s income levels show some improvement, with increases in median household income observed between 2018 and 2019. However, the state’s per capita income remains below the national average, indicating room for further economic growth and development efforts.

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