Kentucky Economic Overview

Key economic indicators for Kentucky (KY). Population: 4,505,836.

Unemployment Rate

3.5%

Below national avg (~4.2%)

Median Annual Wage

$46,000

Source: Census ACS / BLS

Wage Growth (YoY)

+3.5%

Year-over-year change

Population

4.5M

Source: 2020 Census

About the Kentucky Economy

Kentucky has an unemployment rate of 3.5%, which is below the national average. The median annual wage is $46,000, with wages growing at 3.5% year-over-year. With a population of 4,505,836, Kentucky is the a mid-size state economy in the U.S.