Hopkinsville, Kentucky Income Statistics
Hopkinsville Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
D
Hopkinsville Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Hopkinsville | Kentucky Avg | US Average |
|---|---|---|---|
| Median Household Income | $48,463 | $64,312 | $80,455 |
| Median Personal Income | $46,725 | $52,849 | $60,758 |
| Average Yearly Income Growth | 4.9% | 4.6% | 4.8% |
| Six-Figure Earners | 3.5% | 8.9% | 13.9% |
| $200k+ Households | 2.2% | 7.2% | 13.2% |
The median household income in Hopkinsville is about 25% lower than in Kentucky. Income has been growing faster in Hopkinsville (4.9%/yr) than in Kentucky (4.6%/yr).
About 4% of adults in Hopkinsville earn six figures ($100,000 or more) a year, lower than the Kentucky average of 9%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Hopkinsville, Kentucky grew by 42.5% from 2009 to 2024, reaching $48,463 in 2024. That's an average of about 4.9% per year.
Income Inequality and the Gender Pay Gap in Hopkinsville
| Metric | Hopkinsville | Kentucky Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.532 | 0.547 | 0.552 |
| Male Median Income | $51,977 | $60,966 | $69,667 |
| Female Median Income | $50,548 | $49,119 | $56,850 |
| Gender Pay Gap | 2.7% | 19.4% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Hopkinsville, it is 0.532, lower than Kentucky's 0.547, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 3% more than women's income in Hopkinsville, Kentucky. Over a 35-year career, a 3% wage gap accumulates to roughly $50,015 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Hopkinsville, Kentucky has narrowed from about 20% to 3% in 2024. Over that period the gap was widest at 31% in 2019. In dollar terms, the gap has narrowed by $5,792 since 2009.
Employment
| Metric | Hopkinsville | Kentucky Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.4% | 4.8% | 5.2% |
| Working from Home | 4.1% | 10.2% | 15.0% |
| Commute time (minutes) | 15 | 20 | 22 |
Approximately 596 people are unemployed in Hopkinsville, Kentucky.
The average commute time in Hopkinsville is 15 minutes, shorter than the 20 minutes in Kentucky.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Hopkinsville, Kentucky has fallen from 14.8% to 5.4% in 2024. Over that period the rate peaked at 17.0% in 2013.
Conclusion
Considering all these factors, Hopkinsville, Kentucky has an overall wealth index grade of D, making it somewhat worse than Kentucky, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Hopkinsville, Kentucky.
How Rich Is Hopkinsville, Kentucky?
Hopkinsville has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $48,463, about 25% lower than the Kentucky average of $64,312.
Are incomes growing in Hopkinsville, Kentucky?
Between 2009 and 2024, the median household income in Hopkinsville, Kentucky rose 42%, from $34,015 to $48,463. Over the same years, income here lagged behind Kentucky as a whole: +42% against +56%.
What was the median household income in Hopkinsville in 2023?
In 2023, the median household income in Hopkinsville, Kentucky was $46,268, up 11% from $41,496 in 2022. The Kentucky median that year was $62,783.
What was the median household income in Hopkinsville in 2020?
In 2020, the median household income in Hopkinsville, Kentucky was $38,620. By 2024 it had risen 25% to $48,463.
What is the Gini coefficient in Hopkinsville, Kentucky?
The Gini coefficient in Hopkinsville is 0.532. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Hopkinsville, Kentucky?
Since 2009, the income gap between men and women in Hopkinsville, Kentucky has narrowed from about 20% to 3% in 2024. Over that period the gap was widest at 31% in 2019. In dollar terms, the gap has narrowed by $5,792 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →