Taylor County, Kentucky Income Statistics
Taylor County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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D
Taylor County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Taylor County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Household Income | $60,539 | $64,312 | $80,455 |
| Median Personal Income | $45,580 | $52,849 | $60,758 |
| Average Yearly Income Growth | 8.2% | 4.6% | 4.8% |
| Six-Figure Earners | 5.4% | 8.9% | 13.9% |
| $200k+ Households | 3.1% | 7.2% | 13.2% |
The median household income in Taylor County is about 6% lower than in Kentucky. Income has been growing faster in Taylor County (8.2%/yr) than in Kentucky (4.6%/yr).
About 5% of adults in Taylor County 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 Taylor County, Kentucky grew by 77.9% from 2009 to 2024, reaching $60,539 in 2024. That's an average of about 8.2% per year.
Income Inequality and the Gender Pay Gap in Taylor County
| Metric | Taylor County | Kentucky Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.537 | 0.547 | 0.552 |
| Male Median Income | $53,855 | $60,966 | $69,667 |
| Female Median Income | $42,364 | $49,119 | $56,850 |
| Gender Pay Gap | 21.3% | 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 Taylor County, it is 0.537, 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 27% more than women's income in Taylor County, Kentucky. Over a 35-year career, a 27% wage gap accumulates to roughly $402,185 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Taylor County, Kentucky has widened from about 11% to 21% in 2024. Over that period the gap was widest at 31% in 2016. In dollar terms, the gap has widened by $8,093 since 2009.
Sharply against the trend: the pay gap in Taylor County widened by 10.2 points while Kentucky's narrowed by 5.2 points.
Employment
| Metric | Taylor County | Kentucky Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.1% | 4.8% | 5.2% |
| Working from Home | 9.8% | 10.2% | 15.0% |
| Commute time (minutes) | 15 | 20 | 22 |
Approximately 648 people are unemployed in Taylor County, Kentucky.
The average commute time in Taylor County is 15 minutes, shorter than the 20 minutes in Kentucky.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Taylor County, Kentucky has fallen from 10.2% to 5.1% in 2024. Over that period the rate peaked at 11.9% in 2013 and fell as low as 4.8% in 2020.
Taylor County, KY Wealth Compared With Nearby Counties
Taylor County, KY is the largest of the 6 counties compared here, 26,397 residents against a local median of 15,914. The measure that sets Taylor County, KY apart most is income growth: 8.2%/yr, 61% above the local median of 5.1%/yr. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 5.1% against a local median of 6.8%, 25% below it. Every measure here with a clear better direction points the same way, so Taylor County, KY is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 2.6%/yr on income growth, so Taylor County, KY sits at one end of an already wide local range rather than apart from it. Taylor County, KY has the highest income growth of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Taylor County, KY | 26,397 | $60,539 #2/6 | 8.2%/yr #1/6 | 5.1% #3/6 | 0.537 #3/6 |
| Marion County, KY | 19,749 | $59,648 | 5.1%/yr | 4.2% | 0.526 |
| Green County, KY | 11,369 | $46,750 | 3.4%/yr | 7.2% | 0.546 |
| Adair County, KY | 19,089 | $52,979 | 5.8%/yr | 6.8% | 0.538 |
| Casey County, KY | 15,914 | $45,684 | 4.5%/yr | 8.9% | 0.569 |
| Larue County, KY | 15,088 | $64,966 | 6.0%/yr | 1.5% | 0.534 |
Conclusion
Considering all these factors, Taylor County, 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 Taylor County, Kentucky.
How Rich Is Taylor County, Kentucky?
Taylor County 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 $60,539, about 6% lower than the Kentucky average of $64,312.
How has median household income changed in Taylor County, Kentucky?
Between 2009 and 2024, the median household income in Taylor County, Kentucky rose 78%, from $34,027 to $60,539. Over the same years, income here outpaced Kentucky as a whole: +78% against +56%.
What was the median household income in Taylor County in 2023?
In 2023, the median household income in Taylor County, Kentucky was $62,745, about the same as in 2022. The Kentucky median that year was $62,783.
What was the median household income in Taylor County in 2020?
In 2020, the median household income in Taylor County, Kentucky was $50,108. By 2024 it had risen 21% to $60,539.
What is the Gini coefficient in Taylor County, Kentucky?
The Gini coefficient in Taylor County is 0.537. 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 Taylor County, Kentucky?
Since 2009, the income gap between men and women in Taylor County, Kentucky has widened from about 11% to 21% in 2024. Over that period the gap was widest at 31% in 2016. In dollar terms, the gap has widened by $8,093 since 2009.
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