What is the median household income in Louisville Kentucky?

What is the median household income in Louisville Kentucky?

Table

Population
Transportation
Mean travel time to work (minutes), workers age 16 years+, 2016-2020 23.0
Income & Poverty
Median household income (in 2020 dollars), 2016-2020 $54,929

What is considered middle class in Louisville Ky?

While ZipRecruiter is seeing salaries as high as $121,436 and as low as $17,483, the majority of salaries within the Lower Middle Class jobs category currently range between $29,768 (25th percentile) to $69,459 (75th percentile) with top earners (90th percentile) making $113,403 annually in Louisville.

What is the wealthiest zip code in Kentucky?

10 Richest Kentucky Zip Codes

Rank Zip Code Mean Income
1 40059 $216,271
2 40026 $166,985
3 40510 $148,813
4 41091 $144,642

Is Louisville KY poor?

Louisville ranks 7th among its peer cities in the percentage of residents in poverty. Thirteen point seven percent of Louisvillians live in poverty . Louisville is in the middle cluster of its peer group according to a natural breaks algorithm.

Is Louisville Kentucky a poor city?

Louisville currently ranks 15th among its peers in rates of multidimensional poverty with 14.5% of residents living in multidimensional poverty.

How much money do you need to live comfortably in Kentucky?

Kentucky’s living wage for an individual is $14.16 an hour, or $29,459 a year. Housing costs an individual $6,907 annually. A family of four requires $20.16 an hour, or $83,274 a year, to cover their basic needs. Annually, they will spend $9,708 on housing, $12,965 on transportation, and $14,955 on childcare.

What is minimum wage in Louisville?

The minimum wage would go from $7.25 to $10 dollars in 2022, and gradually rise to $15 by 2026.

Is Kentucky a wealthy state?

Kentucky is the fortieth richest state in the United States of America, with a per capita income of $26,779 (2017).

What is the average family income in Kentucky?

Table

Population
Transportation
Mean travel time to work (minutes), workers age 16 years+, 2016-2020 23.7
Income & Poverty
Median household income (in 2020 dollars), 2016-2020 $52,238